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Thursday, May 16, 2024

The Challenges of Leadership Development in Thai Companies

The need for a dynamic, collaborative and empowering leadership style is paramount in today’s business environment, particularly for Thai companies navigating unpredictable challenges. Leadership development has become a critical issue for companies as they strive to integrate Generation Z into the workforce, reskill older generations, and cultivate a diverse pool of leaders who can inspire innovation and high performance, whilst also understanding rapidly evolving technologies and emerging disciplines.

According to Manpower research, 77% of businesses report a lack of leadership, with 83% acknowledging the necessity to develop leaders at all levels. However, less than 5% of these Thai companies have implemented leadership development across all levels. Furthermore, 69% of millennials feel there is a lack of leadership development within their workplaces.

TeamStage research…

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