A report by Deloitte shows that only 6% of organizations believe they have a sufficient leadership pipeline. The rest are not as confident. More than 700,000 people are scheduled to retire in the years to come. They will take their skills and expertise with them when they leave. On the other hand, the millennials are taking over the market. By 2020, they will replace almost 50% of the present workforce. They are well-equipped to take responsibilities but expect flexible and relevant development opportunities.