Tag: Harvard Business Review

Succession Planning: If You Fail to Prepare, Prepare to Fail

Succession planning is critical in any company. Some key personnel have planned departures – a retirement, for example – while others leave abruptly for other opportunities or because of sudden personal issues – such as sickness or an unexpected move. Savvy employers develop a “formal” succession plan: they groom employees to assume higher roles, and […]

Read More…