Succession isn’t just about planning for changes in the C-suite. Beyond identifying future leaders, your succession management strategy should include workforce planning, skills gap analyses, and the creation of development programs to increase bench strength at all levels of the organization. Learn ways to identify and define the leadership skills you need at the top, and discover how to align and integrate those competencies throughout the company.
Who are your up-and-coming leaders? And are they ready?
Highly functioning and successful organizations foster leaders at all levels. Yet – for typical companies – only 17% of leadership investments actually go toward the development of first- and second-level leaders, with the rest targeted exclusively at executives. By neglecting growth opportunities for their future leaders, organizations risk not only their ability to operate efficiently, but perhaps their competitive edge as well.Read more