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NEW YORK, June 8, 2022 /PRNewswire=KYODO JBN/ --

Leadership advisory firm Russell Reynolds Associates (RRA) released today its

2022 Global Leadership Monitor (

https://c212.net/c/link/?t=0&l=en&o=3560960-1&h=4021820462&u=https%3A%2F%2Furldefense.com%2Fv3%2F__https%3A%2Fwww.russellreynolds.com%2Fen%2Finsights%2Fglobal-leadership-monitor__%3B!!BupLon6U!oeBFLR-KPIGXIKXyhB692-7iMfOfVWMlykfUphk4p4nO6F-EECY39DSfmHuInfKHdTrBFLQkcZRP7YBOKTlFYYgaQE30N7J2MZ93HaqK%24&a=2022+Global+Leadership+Monitor

), the second annual survey tracking threats to organizational health—and

senior leaders' preparedness to face them.

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The Global Leadership Monitor surveyed 514 CEOs and board leaders, as well as

511 C-suite leaders and 565 next-generation Leaders (senior talent who sit one

or two levels below the C-suite) across 46 countries in the Americas, Europe,

Middle East, Africa, and Asia Pacific.

In the analysis of responses, three inter-related threats rise to the top:

uncertain economic growth, geopolitical instability, and talent/skill shortages.

Coming off the back of a challenging labor market, 72% of leaders cited the

availability of key talent/skills among the top five most pressing threats

(from a list of 20 threats) to organizational health over the next 12-18 months

(up 13 percentage points since 2021).  Uncertain economic growth and

geopolitical instability were the next two most frequently cited threats, the

latter rising seven places in the ranking.

These three top threats all rank among the issues that leaders say their

organizations are least prepared to face.

"Our research makes clear the profound level of geopolitical and economic

uncertainty with which global business leaders are dealing in the current

operating environment," said RRA chief executive officer Constantine

Alexandrakis. "These conditions are not expected to change any time soon,

making it pivotal to have leadership in place that can navigate choppy waters

effectively and inspire trust and confidence enterprise wide."

KEY GLOBAL FINDINGS

Other global themes and findings from the survey include:

-        Half of leaders say their leadership teams are unprepared to face economic

uncertainty. Those leadership teams that are well prepared are differentiated

by their approach to digital and sustainability.

-        Consumers/customers remain the top stakeholder group over the next five

years, while employees have climbed in importance. Ranked second, ahead of

investors, the gap between employees and consumers as key stakeholders has

narrowed by 18 percentage points.

-        While the great attrition risk experienced in 2021 has abated somewhat,

fifty-six percent of next-generation leaders are still willing to make a move

to another employer for the right opportunity. Importantly more than two-thirds

are not confident in the leadership succession plans at their organization.

"Career recalculation" is the key issue and organizations must focus on

providing growth and development to retain their next-gen leaders.

To access the report, visit:

https://www.russellreynolds.com/en/insights/global-leadership-monitor

Methodology:

Every year, Russell Reynolds Associates administers The Global Leadership

Monitor, an annual survey of executives and non-executive directors, which

tracks key threats to organizational health and leadership preparedness to face

them, as well as indicators of confidence in leadership, and leaders'

engagement and career aspirations.

In March 2022, we surveyed 1,590 business leaders, who represent 46 countries

in Africa, Asia, Americas, Europe, Middle East and Oceania.

All data has been weighted by GDP to create a more representative lens on share

of business contribution from each market. Next-Generation executives are

defined as those who are at an executive role level below the CEO and C-suite

leaders.

About Russell Reynolds Associates

Russell Reynolds Associates (RRA) is a global leadership advisory firm. Our

500+ consultants in 47 offices work with public, private, and nonprofit

organizations across all industries and regions. We help our clients build

teams of transformational leaders who can meet today's challenges and

anticipate the digital, economic, and political trends that are reshaping the

global business environment. From helping boards with their structure, culture,

and effectiveness, to identifying, assessing, and defining the best leadership

for organizations, our teams bring their decades of expertise to help clients

address their most complex leadership issues. We exist to improve the way the

world is led.

www.russellreynolds.com　

Media Contact

Diana Pastrana

Russell Reynolds Associates

Diana.Pastrana@russellreynolds.com

SOURCE Russell Reynolds Associates