Doesn’t everyone have a succession plan in place?
JUNE 5, 2018
Selecting and training future leaders is important to all organizations. As I talk to small businesses or I teach a class that has an HR representative from a small or midsize company we stumble a bit when we get to the subject of succession plans. In fact, most of these businesses don’t have a replacement plan in place. The problem with these plans, especially succession plans, is that they are perceived as being a “big” company issue.