This article discusses various issues related to the lack of leadership talent in the corporate world. While businesses can limp along with worker positions unfilled, a shortage of leaders can cause serious problems for the company's growth and affect the business in long-lasting ways. According to the study, The Leadership Benchstrength Challenge, almost 70 percent of the companies EDA surveyed are already experiencing moderate to major leadership shortages--and expecting them to get worse. Many of the 100 organizations that participated in the research reported that, while they had the money to grow, scarcity of leadership was preventing them from expanding into new markets or making acquisitions. About two-thirds of the companies surveyed said the lack of leadership talent was having a moderate to major impact on their ability to achieve business goals. The scarcity of skilled leadership isn't just a western concern. Shortages are particularly severe in growing markets like India and China where companies are having trouble finding business leaders with experience in western cultures.