The Leadership Gap: Why Companies Struggle to Retain Top Executives
02/12/2025
No Comments
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
July 11, 2022: – Thursday, the CEO of German automotive giant Volkswagen sought to assuage concerns about electric vehicle sales and semiconductor supplies, predicting delivery times for EVs will get quicker as the year goes by.
“The outlook is excellent; we have excellent order information in Asia,” Herbert Diess told CNBC.
Supply chain constraints, including those related to semiconductors, have proven to be a significant challenge for automakers in recent times.
“We’re trying to shorten delivery times,” Diess said, “but we have a lead time of a year, so we are ramping up production. Five assembly plants are coming into production now,” Diess added.
Shares of Volkswagen sold up 5% in afternoon deals in London. The Frankfurt-listed stock price is down more than 28% year-to-date.
“We will see a ramp-up in the second half of the year to reduce delivery times for our EVs,” he added. “There’s high demand in Europe and the United States.”
Diess said Semiconductors still meant a bottleneck but said this would change soon. “We will see an alleviation through the coming weeks,” he said.
Diess’ comments came on a similar day his company broke ground on a cell factory in Salzgitter, Germany, and launched a battery company called PowerCo. A statement said PowerCo would be “responsible for global battery activities of the Volkswagen Group.”
It added that up to 2030, PowerCo would “invest more than €20 billion with partners in the development of the business area, generating annual sales over €20 billion and to employ almost 20,000 people in Europe alone.”
By 2030, VW expects nearly 70% of its European revenue to come from electric cars. In China and North America, its goal is at least 50% of revenue from EVs.
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
February 12, 2025: Donald Trump has announced a 25% tariff on all steel and aluminum imports, reigniting trade tensions between the US and its key partners
February 11, 2025: The European Union is preparing retaliatory tariffs against the United States in response to newly imposed 25% U.S.
February 06, 2025: California and Texas are experiencing extreme weather, bringing widespread disruptions and safety concerns.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
