Authors Aim at Looming Leadership Shortage and Challenge Organizations to Focus on Leadership Development in New Book

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''Practical Lessons in Leadership -- A Guidebook for Aspiring and Experienced Leaders'' by Art Petty and Rich Petro offers professionals and organizations valuable tools and actionable concepts to strengthen their leadership development effectiveness. With leadership talent in increasingly short supply due to the rolling retirement of the boomer generation, organizations will be challenged to become great at identifying, developing and retaining the best and brightest leaders. Practical Lessons offers critical guidance for anyone or any organization focused on developing their leadership talent pool.

During the next decade, organizations in the private and public sectors face a leadership talent shortage of remarkable proportions. As boomers retire in record numbers, organizations will increasingly rely on a small pool of inexperienced, early career professionals to fill key leadership roles. The remaining senior professionals will be challenged to reinvent their leadership approaches in an environment characterized by hyper-competitive global competition and a chronic shortage of leadership talent. In the face of this turbulent environment Petty and Petro serve up ''Practical Lessons in Leadership -- A Guidebook for Aspiring and Experienced Leaders''. The book offers a wealth of practical guidance for becoming and succeeding as a leader, identifying and developing new leaders, driving operational excellence and raising the issue of leadership talent development to the level of strategic imperative.

According to co-author, Rich Petro, "We started out with the goal of leveraging our combined 45 years of experience by offering practical advice on helping early career professionals navigate the challenges of becoming effective, results-focused leaders. We believe we accomplished that and much more. However, somewhere during the interview phase of the book we recognized the need to ring the alarm bell on the issue leadership development as an organizational priority. Too many organizations treat leadership talent development as an ad hoc exercise, usually relegated to Human Resources or Training and Development instead of ensuring that leadership development is everyone's business and critical to the firm's future."

"There is a gap in the body of leadership literature for practical, actionable advice on leading, driving results, creating the operationally excellent team and generally helping leaders at all levels recognize and avoid common pitfalls," said co-author, Art Petty. "We leveraged the feedback from hundreds of hours of interviews with a range of leaders in different industries to develop a framework for becoming an effective, results-focused leader as well as becoming great at developing new leaders around you."

Steve Wallin, Director of Services at Best Buy, Incorporated and an adviser for the book, indicated: "Art and Rich have produced a guidebook that will be referred to time and time again for advice and guidance by leaders at all levels. In addition, they've created an indispensable tool for anyone charged with developing new leaders on their team or in their organization. Their use of case studies and discussion questions, combined with access to additional leadership resources at their web site make this a powerful leadership development tool."

''Practical Lessons in Leadership -- A Guidebook for Aspiring and Experienced Leaders'' by Art Petty and Rich Petro was published by Trafford in July of 2007 and is available at the publisher's site -- http://www.trafford.com, direct from the authors at http://www.management-innovations.com or at major on-line booksellers.

About the Authors:
Art Petty, founder and principal of Strategy & Management Innovations, LLC, a leadership training and management consulting firm and is a marketing and sales leader, strategist and team-builder with over twenty two years of experience directing the growth, global expansion and rise to market leadership of large and small organizations in a variety of industries. Art's employer and client list includes firms in the software, business intelligence, professional services, electronics, life safety, building automation, retail automation, direct marketing and mailing automation markets in the U.S., Europe and Asia.

Rich Petro, co-founder of Strategy & Management Innovations, LLC, a leadership training and management consulting firm. Rich serves as leadership practice lead and is an accomplished executive leader with nearly 25 years of human resources experience in settings varying from manufacturing to services to software, large and small organizations, and both private and public entities.

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