Creating the Corporate Future Using Management Development

No longer does the shortage of qualified employees represent a regional or sector specific problem. It has become an issue impacting the whole economy - in particular in times of an economic recovery. In today’s knowledge society, people are the most important asset as they determine corporate performance as well as the capability of an organization to innovate and change. Thus, the anticipation and proactive response to future qualification needs is crucial and defines the capability to outpace the competition in a time-based environment. The capability to learn and to unlearn faster than others defines the ability to change - this, however, is not an issue of technology but culture - a culture that nurtures the role of leaders as teachers.