We’ve talked a lot on this blog about the broad agreement among employees and executives that leadership is lacking, and the ways this dearth of leadership ability is impeding progress toward business goals.

As the chart above shows, just half of executives say leadership at their companies is able to effectively manage talent, and even fewer are prepared to lead a global or diverse workforce—a challenge that will become increasingly important as globalization and a growing number of contingent employees change the nature of work. Companies without talent to manage workforces across continents, in and out of the office, and on and off the payroll will miss out on the growth opportunities realized by those who are ready for these shifts.

Check out this recent Forbes article by Susan Galer, which expands on our research findings and notes that the survey results should be a catalyst for change among companies looking to address tomorrow’s talent needs.