Research undertaken by the Channel Islands Skills Academy (CISA) has shown that succession planning and talent pipeline management is not a priority, and the majority of companies aren't investing in the development of future leaders and board members.
"There has been considerable national and international focus on the need for quotas to increase the number of women in senior positions, but what CISA has found is that locally there is a gap between those currently in leadership roles and the next layer down. That gap is not gender specific and that is something we need to address,’ said Susie Crowder, Director of the CISA.
"It was clear from speaking to companies that there is a real need to upskill our future business leaders who are extremely competent but are not being given the opportunity to gain the experience they need to take on board roles. This goes right across all industries."
In response, CISA has launched an initiative called Men and Women in Business, sponsored by Ravenscroft Stockbroking and Investment Management, to give future leaders in Guernsey and Jersey insight and advice and help those currently on boards to nurture talented individuals within their own businesses.
"Our aim is to bring to the islands high-calibre leaders from FTSE 100 and FTSE 250 companies and global organisations who can share their own experiences and inspire the islands’ future generations," said Crowder.
To find out more, contact enquiries@cisa.gg.