In uncertain times, top firms hedge their bets. They strengthen their talent base. They build leaders at all levels. To start:
• Spread knowledge. Broaden execs’ experience, says Jagdish Sheth, author of “The Self-Destructive Habits of Good Companies ... and How to Break Them.”
Rotate managers among company departments — if only for a limited time.
By moving from one function to the next, managers become well-rounded leaders with a range of perspectives. You build bench strength and boost succession planning.
See what advice The Leadership Code authors had to give.