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Why is there a dearth of well skilled, quality leaders at the mid-management level?

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Why is there a dearth of well skilled, quality leaders at the mid-management level?

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As a recruiter I’ve read numerous articles and had many discussions on this subject. The reasons run the gamut from; companies not willing to invest enough in training and mentoring, lack of MBAs with real life leadership experience, the stresses of management outweigh the rewards, or simply not enough natural born leaders. Please share your opinion, insight, experience.

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