How does leadership change influence succession planning?

How does leadership change influence succession planning?

How does leadership change influence succession planning? Why?

answer

Leadership change is the key to a strong succession plan. Without leadership change, there is no need for a plan on how to replace someone who is transitioning, retiring, or moving on from the company—and that’s the whole point of succession planning!

Seasoned executives know that, without leadership change, there can be no succession plan. For example, if you’re replacing someone who’s been in their position for 20 years and you haven’t had any idea that they were going to leave, you may have a hard time filling their spot.

If you want your business to succeed and thrive in the future, then it’s important to have a succession plan in place. A good succession plan will ensure that your business continues to run smoothly even if something happens to one of its leaders.