Managing Succession: Creating Sustainable Leadership Bench Strength for an Uncertain Future
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Organizations can be thrown into turmoil when leaders have to be replaced suddenly and unexpectedly due to unforeseen circumstances. Even when leadership transitions are anticipated due to mergers, acquisitions, retirement, career change, or restructures, they can still bring about tremendous difficulty and uncertainty. While a well-executed succession management strategy is the cornerstone of maintaining strategic viability, most organizations are not prepared to carry one out. According to a recent poll by Right Management, nearly one third of North American companies have failed to identify future leaders within their organization. A further 30% reported identifying potential leaders for only some key roles. This session will explore how to create a systematic process to identify future leadership and to help prepare a portfolio of “ready-now” leaders for your organizations.
Learn key trends impacting succession in an unpredictable business climate.
Gain global insights on current succession management practices.
Learn best practices for building a succession management infrastructure to deliver on your organization’s strategic intent.