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Accelerated leadership development tops the talent management menu at McDonald's
Author(s) -
WilliamsLee Audrey
Publication year - 2008
Publication title -
global business and organizational excellence
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 16
eISSN - 1932-2062
pISSN - 1932-2054
DOI - 10.1002/joe.20210
Subject(s) - globe , leadership development , global leadership , talent management , business , process (computing) , management , marketing , operations management , engineering , economics , psychology , computer science , operating system , neuroscience
The fast‐food giant played catch‐up after unprecedented top management turnover drew down its pool of high‐potential “ready now” leaders. By aggressively focusing on talent management and leadership development, the company now has a tempting selection of accelerated leadership development programs for high potentials, and is rapidly building bench strength around the globe. The evolution of its efforts began with its first leadership competency model and the integration of key talent processes. Regional, functional, and global leadership development initiatives soon followed, along with a rigorous companywide talent planning process. The company is now turning its attention to high potential talent at lower organizational levels. © 2008 Wiley Periodicals, Inc.