|
Where Will We Find Tomorrow's Leaders?
The North American automotive industry has seen unprecedented change and turbulence over the last five years. The global auto industry has experienced record growth in many new regions and the creation of hundreds of new firms. As a result, changes in top automotive leadership positions have occurred at an ever-increasing pace. Perhaps never before have so many individuals taken strategic executive positions at such an early stage in their careers. And never before have so many managers been recruited from other firms, both inside and outside of the automotive industry.
Leadership is a key strategic factor in the success of every automotive firm. The experience, the example, and the decisions of top automotive executives affect every element of the company’s performance. However, the industry is now entering a period when a record number of executives may be retiring. “Baby boomer” managers in each of the three mature industries in Europe, North America, and Japan will soon be retiring in record numbers. It is an open question as to whether a new generation of leadership has been sufficiently prepared in numbers to replace those who will leave. If not, then competition for the right talent will be fierce and changes in leadership will be frequent and perhaps disruptive.
This session will first consider the future challenge of automotive leadership in descriptive terms using the best available demographic information. The consequences of failing to acquire sufficient leadership will then be discussed followed by methods and solutions to meet the challenges of future management. A top international executive search firm, Korn-Ferry International, will provide its perspective on consequences and solutions. Other panel members will include senior executives (former and current) who represent a depth of knowledge regarding the industry’s current problems and will provide potentially successful paths to solving the challenges of future automotive leadership.
Chair:
Sean McAlinden, Ph.D., Vice President of Research and Chief Economist, Center for Automotive Research
Speakers:
Brad Marion, Senior Client Partner and Leader, Global Automotive Practice, Automotive, Korn/Ferry International
Chris Hosford, Vice President, Corporate Communications, Hyundai Motor America
John McElroy, Host Autoline, Blue Sky Productions
Nancy Rae, Executive Vice President, Human Resources and Communications, Chrysler LLC
Kathryn Clark, President, Docere
|