'Invisible Fire' Threatens Canadian Business Leadership

    New report on Canada's leadership gap recommends a made-in-Canada

    TORONTO, Nov. 29 /CNW/ - A white paper called Invisible Fire will be
released at the CSTD Annual Conference on Monday, December 3 calling on
Canadian businesses to "feel the heat and smell the smoke" of the current
leadership crisis in Canada. Based on a recent Think Tank of C-suite leaders
in Toronto, the report identifies several major challenges to addressing this
crisis: a lack of understanding of leadership as a critical business issue;
greater complexity of demands on leaders today than in the past; and
definitions of leadership that are too narrow.

    In response, the report offers six priority recommendations to address
the burning need for increased leadership capacity across the country:

    1) Make leadership capacity a national issue to draw the attention of the
       government, Boards, Bay Street, and individual citizens. Leadership
       capacity needs to become a business issue comparable in scale to the
       Y2K issue in the late 1990s.

    2) Set up a Canadian Centre for Leadership as a repository of leading
       practices and ideas in building leadership capacity, with applications
       to all sizes of organizations from small to large enterprises.

    3) Embed leadership in organizations so it becomes integral to
       organizational business strategy in ways that make it more tangible
       and also demonstrate bottom-line impact.

    4) Hold CEOs and Boards accountable for building leadership capacity and
       ensure it is embedded within every organization's business strategy.

    5) Redefine leadership in conjunction with the next generation of leaders
       so that they will be attracted to leadership careers.

    6) Align our educational systems to grow a pipeline of future leaders.

    The intent of the report Invisible Fire is to be a rallying cry to
mobilize senior leaders and their organizations to work together across the
country to close the leadership gap in Canada. The lead author on the report
is Dr. Vince Molinaro of Knightsbridge Human Capital Solutions. The
organizations that sponsored the Think Tank and the writing of this report

    Canadian Society for Training and Development (CSTD)

    Canadian Business Hall of Fame

    Knightsbridge Human Capital Solutions

For further information:

For further information: Lynn Johnston, President, CSTD, Phone (416)
367-5900, ext. 25, E-mail ljohnston@cstd.ca or Dr. Vince Molinaro, Principal &
National Practice Lead - Organizational Solutions, Knightsbridge Human Capital
Solutions, Phone (905) 338-9701, E-mail vmolinaro@knightsbridge.ca

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