article thumbnail

Why Every Top Leader Needs a Succession Plan

Lolly Daskal

Succession planning is crucial for any organization, but it is especially important for top leaders. A well-crafted succession plan can ensure a smooth transition of power, minimize disruptions, and preserve the organization’s legacy.

article thumbnail

Why CEOs Need to Plan Their Exits

Association Now Leadership

Even if you’re not heading out the door anytime soon, it’s crucial to be thinking about what succession planning will look like. You don’t need to be running a company with a trillion-dollar market capitalization to be dealing with this stress.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The 9 Box Grid Explained

Walk Me

They are prime candidates for succession planning and more significant responsibilities. Risk mitigation One of the core strengths of the 9 Box grid is its ability to reveal gaps in employee performance and potential. This insight is vital for risk management in your talent strategy.

article thumbnail

Director of People and Culture Job Description and Salary

AIHR

Organizational design: Evaluate company structure and design to achieve business goals through workforce planning and talent management strategies. Legal compliance and risk management: Ensuring that HR practices comply with labor laws and regulations. Manage HR-related risks and legal matters to protect the organization.

article thumbnail

Free Workforce Planning Template (Plus 5 Practical Examples)

AIHR

It also entails developing strategies to address those gaps through recruitment, training, succession planning, and other talent management initiatives. You can also leverage specific workforce planning templates to identify and prepare potential successors for key positions, ensuring leadership continuity.

Metrics 52
article thumbnail

HR Generalist Job Description: Everything You Need to Know

AIHR

Managing or supporting HR-related processes , such as employee relations , recruitment, performance management , compensation & benefits , succession planning , and learning & development. Managing employee relations , including employee grievances and disciplinaries. Risk management.

article thumbnail

5 Leadership Development Types For Training Leaders (Plus HR Best Practices)

AIHR

Improved decision-making and risk management : Leaders with good critical thinking and analytical skills can confidently make informed decisions. They can also better identify and mitigate risks, leading to more stable, sustainable organizational growth.