Succession Gone Wrong
Companies are exposed to significant risk when leaders step down unexpectedly. Yet 80% of companies are not well prepared for their CEOs' departure, according to the Corporate Leadership Council (2004). Others have succession plans, but fail to create a smooth transition because the plan is faulty or not well-executed. This PowerPoint show, adapted from a recent presentation for the Northeast HR Association's Advanced Practitioner Series, shows how hidden networks influence succession planning.
[LINK: www.partneringresources.com/articles/Show-SuccessionPlanningv97.pps]
