Managers Are Hard to Find, Even Amid Unemployment

October 19, 2010  |  

(Newsweek) — A good boss is hard to find. Make that veryhard, according to the annual Manpower labor survey, which listed “executive/management” slots among the five hardest positions to fill in 2009, even as unemployment topped 10 percent. Now, with an estimated 10 million baby boomers eligible to retire by the end of the year, economists seem more worried than ever about an impending “corporate-leadership crisis.” Theories abound to explain the workplace phenomenon, but Stanford business professor Jeffrey Pfeffer may have cracked the case by observing his students. “The problem,” says Pfeffer, author of the new book Power: Why Some People Have It—and Others Don’t, “is that ambition has become unfashionable in the younger segment of the workforce.”

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