SI Review: August 2010

Print

WEB EXCLUSIVE: Significant Brain Drain at Global Retailers Predicted, SI Review August 2010

A significant brain drain is being predicted at global retailers, a Korn/Ferry survey reveals. The survey found there is a mismatch between retailers' belief that they can continue to meet their leadership talent needs with ease as the economy improves and market forces combining to make this much more challenging to achieve.

Thirty-six percent of global retail leaders feel "very confident" that they will continue to attract the best in talent as the economy enters a recovery phase. However, 47% expect more senior executives to leave their firm and more worrisome, 43% think that more high-potential executives will leave.