Replacing Leadership EMC
In 2003, when EMC, a Massachusetts-based information infrastructure provider, began its corporate transformation five years ago, EMC saw a potential issue and opportunity in reduction of future talent and leadership resources. To keep pace with the company's growth, like most global companies, EMC faced the knowledge management challenge of preparing young managers and up-and-coming executives to replace retiring top-level Baby Boomers. With EMC’s continue double-digit growth, they anticipate in 2008 and 2009 the number for leadership talent is going to have to grow by 20 percent. EMC projected a need for another thousand leaders over the next couple of years to keep pace.
To ensure future EMC leaders across the globe are infused to the right corporate culture, the company has created its own corporate university, EMCU. This university not only offers professional and personal development courses, but EMCU also has a leadership program that mentor, develop, train and educate key talent in different skills and tools, in transformational leadership, knowledge management and understanding of EMC organizational culture. EMC also established a leadership organization talent review, which helps them identify capabilities and skills of employee that would help achieve high goals and results. EMC internal efforts were increased by their partnership with Teacher's College Columbia University. EMC, working with Columbia to identify and isolate the attributes and criteria that make its high potentials unique to those of other companies and to determine how those strive for qual ...