Succession Planning by the Numbers: 3 Best Practices
Oracle HCM - Modern HR in the Cloud
MAY 22, 2017
Unfortunately, in many cases, those corporations are unprepared to hire a new leader: Almost 40% of respondents to a survey conducted by search firm Heidrick & Struggles and the Rock Center for Corporate Governance at Stanford University had no viable internal candidates who could immediately replace the CEO if needed. Based on the research from PwC, Stanford, and others, few companies are able to successfully plan ahead for leadership turnover.