Effective succession planning pays off in so many ways, from recruiting and retaining top talent to ensuring stability and improving the bottom line. Research confirms that succession management has a positive correlation with employee retention, and that companies with retention and succession plans have lower costs per new hire.
With the need for succession planning becoming more widely accepted, the question for businesses is how to implement the process successfully. The Succession Planning Knowledge Center examines trends in: executive tenure/turnover; succession plan characteristics; internal vs. external CEO successions; positive and negative implications/advantages; and much more.
i4cp members use exclusive succession planning information to outline formidable strategies that ensure lower costs and higher value. Information is provided via:
Learn how i4cp can help your company improve its succession planning process. Contact us today.