Saudi Arabia is facing a shortage of local leaders in the private sector. Because of its young population, the imbalance between growth and available talent in the private sector, and rising unemployment figures, the country must address the growing leadership shortage. The need for Saudi leadership in the private sector is alarming, and will be a growing problem over the next five years as 2.5 million more Saudis enter the workforce.
Three realities define the Kingdom’s current organizational environment: an economic boom, a young Saudi workforce and an over reliance on expatriates. One of the most critical outcomes of this situation is the shortage of Saudi leaders in the private sector. In order to address this shortage, organizations need to understand the Kingdom’s organizational environment, be aware of the changing workforce dynamics in the KSA and have a practical approach to growing Saudi leaders.