Focus on Succession Management: 2023 Talent Series
The handover of responsibilities from one generation of leaders to the next is not just a matter of tradition; it ensures the continuity, resilience and long-term success of an organization. FMI’s 2023 Talent Study sheds light on the complex challenges that businesses face in this process. As executives leave the industry, you must have a plan in place to develop your next generation leaders so they have time to acquire the skills needed to sustain your business.
In this report, we cover:
- Clarifying your organizational vision
- Developing clear criteria for roles and evaluating potential successors
- Crafting development plans and building a pool of successors