Infographic: Build Potential Leadership Pipeline with a Succession Plan
Succession Planning

Succession Planning Doesn’t Start with People. It Starts with the Requirements of the Position.” – David Ulrich

Succession Planning is a process to identify employees from within the company, for leadership or any other kind of key roles in the company.

A survey conducted by National Association of Corporate Directors (NACD) found that 2/3rd of U.S. public and private organizations do not have formal succession plan to fill in the leadership positions.In the absence of a well-structured succession planning process, organizations tend to risk leadership deficits and business disruption.

To know how an organization can avoid running into such risks, look at the infographic.

Author Bio

Tushar Bhatia
Tushar Bhatia is CEO-founder of cloud-based global HR platform Empxtrack. His key goal is to help companies streamline their HR function, reduce costs and make employees engaged & productive. He writes on various HR related issues and trends that include strategic hr, performance management, best practices for recruitment, employee engagement and retention etc. On an average his blogs are read by about 2 Million professionals annually.