To prepare staff for senior positions, most corporations provide leadership development programmes.
According to the Q2 2010 Hudson Report released by recruitment consultant Hudson, corporations take various approaches to developing internal local talent for senior positions, but leadership development programmes are the most widely used in job sectors surveyed.
The report shows that 62% of the surveyed companies provide such programmes. The next most popular initiative is cross-functional job progression (44%), followed by management trainee programmes (35%).
It is reported that most companies in IT&T provide leadership development and management trainee programmes, with respectively 82% and 50%. James Carss, General Manager – Hong Kong, Hudson, commented, “For IT, it is difficult to hire technical staff, and so staff retention is essential.”
Companies in consumer sector also place a strong emphasis on leadership development programmes, with 79% using this approach. It is reported that most FMCG companies encourage the management to share their experience and mentor junior staff.
This survey was conducted in March 2010 interviewing more than 500 executives of key business sectors in Hong Kong.
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