An organisation’s ability to successfully manage change is critical in today’s VUCA environment. Although change comes in many forms, leadership transition continues to be a recurring theme for organisations of all sizes.
Through this whitepaper, we deep dive into succession planning as an important component of effective change management. Some important questions the paper will answer:
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- The importance of succession planning and the risks of not having a succession planning program.
- What a good succession plan looks like and an outline of the steps to putting together a succession plan.
- How succession planning is likely to change as Millennials develop into leadership roles.
- Suggestions on how to manage the barriers you may encounter when incorporating a succession plan at your organization.