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Succession Planning
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Succession planning is the process of looking long term to ensure that executive and management positions are occupied by qualified people promoted from within, and that employees have avenues for promotion. Learn more about it here.
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Succession Planning
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Journal of Accountancy: Succession-planning dos and don'ts
By na
While 62% of firms surveyed said succession planning would be an important issue for their firms in the near future, only 19% had a written succession plan. Half hoped to formulate one soon, while 22% believed they didn't need one at all. Although 28% said they already had successfully managed succession is-sues, 30% hadn't dealt with the topic at all and 8% acknowledged they had managed it poorly in the past.
(Added: 24-Mar-2005 Hits: 456)
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Bench Strength: Grooming Your Next CEO
By Jay Conger
Finding a new CEO goes beyond maintaining a roster of talent. Smart companies link succession planning with leadership development. An excerpt from Harvard Business Review.
(Added: 7-Aug-2005 Hits: 325)
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Getting Started with Succession Planning II - (free advice)
By Dr. Micheal A.S. Guth
Succession planning is just one part of strategic planning. Firms need to have developed strategic plans for their businesses before they can address the future-related issue of successors. However, the strategic plans should help the current owners identify a set of criteria for their successors. With strategic plans that identify how the firm will grow and evolve to the point of transition to new owners, a business will be well on its way to placing the future of the company in the hands of a capable new team.
(Added: 4-Oct-2005 Hits: 416)
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What Is Succession Planning?
By Robert Bacal
Succession planning is an important part of human resource planning. Here's a brief synopsis of what it is, and when it's usually used.
(Added: 21-Sep-2006 Hits: 832)
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