When the primary purpose of your leadership is to drive results you will take your eye off the ball of the higher priority of developing new leaders. It clearly is a short term investment of time now that will pay significant results later for the entire organization. This post by the Forbes Coaches council is spot on:
“Baby boomers are stepping into retirement in growing numbers. This means that companies are starting to lose institutional knowledge and experience, not to mention an entire section of leadership. While there is still time to get younger generations up to speed on leadership tasks, that training is not something that should be an afterthought.”