SUCCESSION
PLANNING
Top Reasons for Not Developing Succession Plans
68%
The CEO expects to go on to running the company for the foreseeable future
65%
63%
45%
Statistics by the Wall Street Journal
There are inevitable ups and downs in business. Good people will come and go. It’s essential to practice grooming employees for leadership roles. Today’s workforce has more generations working side-by-side than ever before, and grooming the next generation for leadership is a process that should not be ignored.
Succession planning is smart business planning. It allows you to proactively develop people, rather than simply naming them as replacements. Succession planning is about making sure your organization can continue to grow and move forward and ensure your organization continues to thrive.
Whether your organization needs to plan for its next leaders, or you are a family business in need of a detailed succession strategy – we can help.
Lack of viable internal candidates
We are too busy managing the business
Don't have the expertise to develop succession plans internally