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Why Every Top Leader Needs a Succession Plan

Lolly Daskal

Succession planning is crucial for any organization, but it is especially important for top leaders. A well-crafted succession plan can ensure a smooth transition of power, minimize disruptions, and preserve the organization’s legacy.

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Succession Planning: Essential Guide for HR

AIHR

Succession planning is essential to ensure critical roles in a company are not left vacant for extended periods or filled by people who don’t have the skills or knowledge to perform in the role. That means that over half of the organizations the surveyed HR professionals work at didn’t have a plan.

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11 Succession Planning Best Practices to Follow in 2024

AIHR

Poor succession planning can be incredibly expensive. According to Harvard Business Review , badly managed CEO transitions can wipe out nearly $1 trillion in market value each year for S&P 1500 companies. Contents What is succession planning? 11 succession planning best practices to follow 1.

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Talent Development: 8 Best Practices for Your Organization

AIHR

Talent development – strategically developing employees’ skills based on organizational objectives – is the foundation of an organization’s sustainability. How can you facilitate talent development at your organization? Contents What is talent development? Let’s find out.

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Talent Management: 10 Tips for a Successful Strategy

AIHR

Effective talent management helps organizations win the war for talent and should be a top priority for HR professionals. In this article, we explore the pressing topic of talent management. Contents What is talent management? Why is talent management so important?

Manager 112
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The Future of Talent Management: Urgent Tipping Points and Shifts Needed to Succeed

AIHR

In brief There are three crucial tipping points that will shape the future of talent management. These include (1) a responsive and reactive approach to talent management, (2) little consideration of how careers are changing, and; (3) it cannot be the catch-all practice of the past.

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5 Best Practices to Breathe Life into Succession Planning

LSA Global

Succession planning best practices help talent leaders know where high potential talent resides in the organization and how to best engage and retain them for when it matters most. When it comes to succession planning, “hope” is not a talent management strategy.