Succession Planning is Bad, Getting Worse

On June 20, 2011, in HRExaminer, John Sumser, by John Sumser
John Hollon takes a look at the miserable state of succession planning. Most companies don’t and the number who don’t is increasing. Savvy business leaders have noticed that the person in the succession plan rarely gets the job. That’s generally because succession planning is a theory and succession always happens at the wrong time and in the wrong circumstances. Those damned downturns and upturns in the economy play havoc with the best laid plans of mice and men.
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