Preserving leadership skills

 

Nearly half of UK companies are leveraging technology to safeguard the knowledge of retiring Baby Boomers and Gen X leaders, and 34% plan to use digital-first leadership to attract future leaders, according to the latest “Towards the C-suite 2035” report by Robert Half.

The report finds that while technology is the core focus to preserve insights, businesses are also adapting training and development to help future-proof leadership skills.  Almost a third (32%) plan to create cross-generational collaboration opportunities and meetings, while a further 33% intend to develop dedicated training programmes for new leaders.

C-suite respondents also revealed plans to implement knowledge management systems (36%), while 33% are considering ways to retain retiring employees as consultants and advisors in order to aid knowledge transfer between generations.

“We’re seeing more organizations turn to technology to capture the knowledge of experienced leaders nearing retirement and while that’s a sensible and often necessary step, it’s only part of the solution. Truly effective succession planning depends on people, not just platforms,” explains Charlie Grubb, Senior Managing Director, Robert Half Executive Search.

“Technology can preserve data, processes and institutional insights, but it can’t replicate the judgement or emotional intelligence that define great leaders.  And the more human aspects of leadership, such as the ability to navigate ambiguity, inspire teams, and adapt under pressure, aren’t easily transferred via a database or knowledge system.”

In a working world that’s evolving at pace, these human qualities will only become more critical.  “If we are serious about preparing the next generation for the C-suite, we need to prioritise investment in mentoring, experiential learning and leadership development initiatives that are grounded in real-world context,” comments Grubb.  “Technology can support that journey, but it won’t replace it. The organizations that recognize this now will be the ones best equipped to lead with confidence into the future.”