Why succession planning?

It’s a strategy for ensuring your organization can successfully counteract the current retirement and resignation trends.

Are you struggling with any of the following challenges?

  • A high number of anticipated retirements over the next several years on your management team or board of directors
  • Unexpected turnover of experienced managers
  • Difficulty finding new leaders or board members

The answer to these challenges is succession planning, and here’s why.

 

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