For organizations to succeed in a competitive market, they must plan ahead. One aspect of planning often gets overlooked, but it has big implications for organizational continuity and success: ...
Having a successor lined up for critical roles is key to business success. With a well-planned succession program, HR leaders can help their organizations maintain continuity during leadership ...
Succession planning is an often overlooked yet critical component of an organization's long-term business strategy. HR leaders should work with others to create a succession plan that will help ensure ...
According to the Conway Center for Family Business, family businesses account for 64% of the U.S. Gross Domestic Product (GDP), yet 57% of family businesses have no formal succession plan. 1 While the ...
Succession planning encompasses a broad spectrum of activities, from identifying potential successors to transferring control of day-to-day operations and aligning the transition with the strategic ...
The departure of skilled IT professionals can lead to various disruptions. One way to avoid this staffing challenge is to carry out succession planning for IT. Organizations of virtually any type or ...
In 2026, workplace leaders are at a crossroads when it comes to succession planning. “We’re living in a time period where there’s a tremendous amount of instability and unpredictability, but all the ...
Proper board succession planning—the systematic process of identifying and placing qualified candidates in current or upcoming board seat vacancies—is vital for corporate stability and continuity.