3 Examples of Succession Planning Done Right
MAY 2, 2017
The media keeps an eagle eye out for transitions gone wrong, and they usually have a good amount of material: While about 70% of companies do conduct succession planning, the actual execution of said plans is often more uncertain. The ways that leadership turnover can go sideways are countless, so it is vital to have a plan in place. In 2008, spice and flavorings giant McCormick & Co. Leadership transitions are a vulnerable time for companies.