You might be overwhelmingly excited to sell your business. You might have imagined since the inception of your business that you would be able to accept a great offer and move on to pursue even bigger and better things. Morever, you should try to search for tips on how to sell your business for maximum […]
Continuing our series on succession planning (read part 1 here and part 2 here), today’s blog discusses some of the essential steps in the actual succession plan development process. First, let’s take another look at what succession planning is: A “deliberate and systematic effort” designed to ensure the continued effective performance of an organization, […]
Last time on the blog, we discussed some of the benefits organisations could experience simply by having a succession plan in place. These benefits include a significant increase in employee engagement and a higher number of identified, well-developed leaders on board. You can read the full article here. Over the next few posts, we’ll discuss […]
Does your organisation have a succession plan in place? If not, you may want to consider developing one. Based on a recent report from Software Advice—an online reviewer of talent management technology—organisations that have succession plans in place tend to yield great results including: A higher number of identified, well-developed leaders on board A long-term commitment […]