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Masterful Succession Planning: Avoid These 6 Costly Mistakes 

Accendo Technologies

Succession planning is a critical component of business, yet many C-suite executives struggle to create effective plans, leading to disruptions when leaders depart. This blog delves into the importance of comprehensive succession planning, the challenges that arise, and the common mistakes to avoid.

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Why NFL Teams Excel at Succession Planning

Cornerstone On Demand

So when Aaron Sorensen, a succession planning expert and partner at Axion Consulting Partners, mentioned that NFL teams offer a valuable lesson for HR leaders looking to create and maintain a strong pipeline of talented leaders, we wanted to know more. “Succession planning can’t be a static thing,” says Sorensen.

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3 Examples of Succession Planning Done Right

Everwise

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. In 2008, spice and flavorings giant McCormick & Co. Virginia M.

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Pay Equity Still Lags for Women Administrators

Cupa HR

Drawing on 10 years of data, CUPA-HR found that between 2012 and 2022, the representation of people of color in higher ed administration increased by 41%. In 2012, people of color comprised 13% of administrators and in 2022, 18% of administrators. You also might consider what talent pipeline programs exist on your campus.

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Building Understanding Ahead of Open Enrollment Across Generations

PeopleStrategy

Generation Z (born 1997-2012) often seeks opportunities for skill development, mentorship, and meaningful work. Build A Plan For Your Unique Staff While these wants and needs are typical, there can be crossover, meaning you need to plan your benefits based on your unique staff. Here’s a start to building a successful plan.

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Why succession planning matters (and why so many companies get it wrong)

cipHR

Succession planning, talent management and moving employees along a talent pipeline can seem like a daunting and complicated task and, when things are running smoothly, the motivation to do so is often lacking. While over half of businesses believe they have a talent pipeline in place, many overlook one thing …. Know Your Talent Pool.

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In Healthcare, a Happy Staff Makes for Healthy Patients

Cornerstone On Demand

Use succession planning to create career paths. Succession planning is not only important for the long-term success of an organization, but it also improves overall job satisfaction. It’s clear that healthcare organizations need to address employee satisfaction and its consequences. But where to start?