PRESS RELEASE: June 24, 2007

Future Leaders
by Dr. Eric L. Herzog
Baby Boomers Lead Mass Exodus

NEW BOOK OFFERS BREAKTHROUGH APPROACH FOR COMPANIES TO COMBAT LOOMING LEADERSHIP VOID
Will your company survive the worldwide war for leadership talent? 
         
--Dr. Eric Herzog’s Leader-Led Leadership Development® and Organizational Development Strategies Implemented by Costco Wholesale, Honeywell, Hyundai Motor America and others

“Preparing the next generation of leaders is a critical need of today’s business … Dr. Herzog shares keen insights every reader can use – particularly concerning the role of today’s leaders.”
John Matthews, SVP, COSTCO Wholesale

Fact 1: With huge numbers of Baby Boomer executives approaching retirement age, businesses are facing a looming leadership void.  Fact 2: Many businesses are not prepared and face potential instability and bottom-line declines.

Eric Herzog, Ph.D., founder and president of Quest Consulting & Training Corporation has solutions to this problem – a proven, step-by-step program that develops and maximizes internal talent for seamless leadership transitions.  His new book, Future Leaders, is perhaps the most valuable tool available for senior executives, board members, HR Leaders and development consultants.

“Many companies say they want to become ‘learning organizations’ which continually generate and transfer knowledge to build a competitive edge,” says Herzog. “Most fall short of this lofty goal. Future Leaders introduces proven models and detailed strategies that draw upon existing resources to achieve breakthrough performance by unleashing and cultivating talent.”

Herzog, who has worked with a host of top companies including COSTCO, Honeywell and Hyundai, developed Leader-Led Leadership Development (LLLD).  LLLD evolved through Quest’s work in helping executives and managers develop leadership talent within their organization.  A primary theme of Future Leaders, LLLD is based upon leadership succession candidates learning to lead and grow their company in a highly successful manner.
Future Leaders explains powerful ways to:

• Develop leaders of the future so a company is positioned to grow while competitors struggle with succession problems and retirements
• Engage current leaders as teachers and learning facilitators
• Leverage knowledge and experience of current leaders
•  Provide managers and others the knowledge, skills, and tools they need to excel in their unique marketplace and environment.

“LLLD can start delivering quantifiable business value within months, so
businesses can rapidly put in place a program which can safeguard and ensure the long-term viability of their company,” notes Herzog.

An example of the effectiveness of LLLD is illustrated in Future Leaders via a case study of COSTCO Wholesale.  Herzog and Quest created ‘COSTCO University’ enabling the company to develop a pool of leaders large enough to staff 40 new locations per year to keep up with normal growth and attrition in a 132,000 employee company—entirely from within.  COSTCO reduced the time required to prepare lower level employees for warehouse managerial positions from 13 years to 5 to 6 years.

“Good business leaders are known for ‘big picture’ planning and sustained corporate growth,” notes Herzog.  “But the best leaders see the future and take the necessary steps to prepare leaders for tomorrow … today.”

Dr. Eric Herzog is founder and president of Quest Consulting & Training Corporation, a leading organizational consulting and development firm. His innovative programs on change management, strategic planning, team building and leadership development have resulted in dramatically improved performance for hundreds of companies in various industries. Herzog received his doctorate from the MIT Sloan School of Management.

Future Leaders is available for purchase at www.amazon.com, www.atlasbooks.com, and other online booksellers. It can also be ordered at any major bookstore. More information is available at www.preparingfutureleaders.com.

Advance Review Copies of Future Leaders Available

Contact:
Dan Smith
856-489-8654, ext. 101
dan@smithpublicity.com