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CEO Succession Planning: Your 2024 Comprehensive Guide (+Free Template)

AIHR

CEO succession planning is more important than you may realize. The researchers estimate that better succession planning could help the large-cap US equity market achieve 20% to 25% higher company valuations and investor returns. Contents What is CEO succession planning?

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Succession Planning: A Full Guide

AIHR

According to corporate leaders in a recent report by IED and Stanford Business School, succession planning is vitally important. Knowing who is next in line to fill senior positions and being able to groom these people to become your company’s next generation of successful leaders is crucial to stay competitive. A definition.

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How to Overcome These 7 Succession Planning Challenges

AIHR

Succession planning is a complex process, especially in the fast-changing economic environment that we find ourselves in. To help you successfully guide your organization through these dynamic times, let’s take a look at the most common succession planning challenges and how you can overcome them.

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10 Useful Things You Need to Know About High-Potential Employees

Lolly Daskal

By exposing them to diverse perspectives and challenges, you’ll help them hone their communication, problem-solving, and leadership abilities. Develop a Succession Plan: As you nurture your high-potential employees, be mindful of building a robust succession plan.

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Succession Planning: Essential Guide for HR

AIHR

Succession planning is essential to ensure critical roles in a company are not left vacant for extended periods or filled by people who don’t have the skills or knowledge to perform in the role. That means that over half of the organizations the surveyed HR professionals work at didn’t have a plan.

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How Can AI Be Used To Improve Leadership Development Programs

Lolly Daskal

Succession Planning and Scenario Planning AI can help organizations model various succession planning and talent management scenarios, stress-testing leadership bench strength and identifying potential gaps.

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7 Hidden Flaws of Top-Heavy Organizations That No One Talks About

Lolly Daskal

A lack of diverse perspectives and inputs can stifle creativity and hinder the organization’s ability to adapt to changing circumstances. When a few key individuals are responsible for critical decisions, their well-being becomes paramount to the organization’s success.