In 2002 Korn/Ferry launched an initiative called LeaderSuccessionSM at Novartis, the global pharmaceutical and healthcare company, to identify, develop and mentor its future business leaders. Our review of LeaderSuccession with Novartis executives found that the program’s positive influence extended into unanticipated areas and reached broadly across the company.
This paper discusses what the program has taught us about leadership and the essential elements, commitments and approach that are key to the program’s success.