German businesses are facing a leadership crisis, with fewer young professionals interested in taking on leadership roles. A study by the German Association for Personnel Management (DGFP) and the Institute for Leadership and Human Resource Management at the University of St. Gallen has revealed that only 15% of young professionals in Germany aspire to leadership roles, compared to 45% in the US and 38% in China.

The study attributes this trend to a perceived lack of work-life balance in leadership roles, with many young professionals prioritising their personal lives over their careers. The study also suggests that the hierarchical structure of many German companies may be discouraging young professionals from seeking leadership roles, due to the perceived lack of autonomy and decision-making power.

To address this issue, the study recommends that German companies need to rethink their leadership models and create a more flexible and inclusive work environment. This could include offering flexible working hours, promoting a more collaborative leadership style, and providing more opportunities for young professionals to take on leadership roles.

The study also highlights the importance of mentorship in developing future leaders, with 70% of young professionals stating that having a mentor would make them more likely to consider a leadership role. Therefore, German companies need to invest in mentoring programmes to nurture their future leaders.

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