Originally published by CU Insight.
Originally published on cuinsight.com By Deedee Myers
What is your organization practicing?
Too many organizations are increasing unneeded risk because their leaders are not informed, they are not committed, and they do not distinguish between replacement and strategic planning. Repetitive replacement planning does a disservice to your employees and constituents and has a potential long-term negative financial impact. Succession planning is a proactive process and is strategically differentiated from replacement planning, which is geared toward mitigating imminent risk, is limited in scope, and is often reactive.
