Hunt Scanlon Media just shared a fantastic article covering a recent report from SGA Talent on the benefits of “Creating an Impactful Succession Plan.”
Among them are 5 key points on a succession plan’s impacts:
- Reduces Disruption
- Mitigates Talent Shortage
- Preserves Institutional Knowledge
- Promotes Employee Engagement and Retention
- Enhances Decision-Making
You can learn more about each and furthermore, the methods of how to execute on a succession plan from its outset in the full article here.