An Organization Wants to Ensure It Develops Future Leaders

question 1

Multiple Choice

An organization wants to ensure it develops future leaders.The organization has begun the succession management process by aligning its succession management plans with strategy.What is the next (second) step the organization would take to ensure it develops its own future leaders?

• A)Identify high-potential leaders.
• B)Identify the leadership skills and competencies needed.
• C)Develop an employee value proposition to retain leaders.
• D)Provide leadership developmental opportunities and experiences.

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Definitions:

Stock Investments

Financial assets representing ownership interest in companies; shareholders may receive dividends and have voting rights.

Cash Dividends

Payments made by a corporation to its shareholders as a distribution of profits in the form of cash.

Net Income

The remaining profit for a company after removing all costs and tax obligations from the overall revenue.

Insignificant Influence

A situation where an investor does not have significant control or influence over the operations and management of a company in which they hold an investment.