1. 2 Comprehensive Succession Plan Bench Strength 3.
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Transcript of 1. 2 Comprehensive Succession Plan Bench Strength 3.
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Comprehensive Succession PlanComprehensive Succession Plan
Bench StrengthBench Strength
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Within an OrganizationWithin an OrganizationSeamless Management SuccessionSeamless Management Succession
Is More Is More Important Than EverImportant Than Ever
One in Five Companies Is Utterly One in Five Companies Is Utterly Unprepared for a Sudden Loss Unprepared for a Sudden Loss
of Leadership of Leadership
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Which of the following best describes Which of the following best describes the management of succession the management of succession planning at your organization?planning at your organization?
We have a comprehensive development program integrated with our strategic business objectives
8.0%
We have a formal management training program based on the development of specific competencies
16.5%
We have succession plans intended for the sudden loss of key senior executives
17.7%
Management succession at our organization seems to be primarily an exercise conducted by Human Resources
23.4%
Our organization does no succession planning 23.1%
Don’t know 11.3%8
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Implementing Succession Implementing Succession ManagementManagement
A Plan for Career DevelopmentA Plan for Career Development
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Analysis of Analysis of Succession NeedsSuccession Needs
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Discussion, Consensus and ReviewDiscussion, Consensus and Review
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