THE EXECUTIVE'S GUIDE TO SUCCESSION PLANNING

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When implemented incisively, succession planning should be a natural progression. 

Download our whitepaper today to find out the key criteria an executive needs to know to build an effective succession plan.

The board of directors is not ready for succession planning

Recent studies and interviews with business executives and directors show that:

  • Only 46 per cent of them has a formal succession plan in place.
  • Only 25 per cent of them said they had an adequate pool of viable candidates for a CEO position.

There are people that organisations simply cannot function without. What would happen if they left?
cover The Executive's Guide to Succession Planning

In this whitepaper we take a look at:

  • 3 reasons for reluctance - Many organisations feel reluctant to implement an ongoing succession plan in place. What are the reasons?
  • 5-point strategic workforce scheme - 92 per cent of companies have some level of workforce planning but only 21 per cent have put thought into closing the supply-and-demand of the talent gap. 
  • 3 critical steps in succession planning - Succession planning is like a flight of stairs. It’s a set route with stages in place to elevate a person to a higher level. 
  • The apple shouldn't fall far from the tree - The year 2011 witnessed the reigns of three powerful leaders from IBM, HP, and the most memorable, Apple.
  • Necessary for all business sizes - While some business models and management styles aren’t for everyone, succession planning is.

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