Nearly three-quarters are anxious about who will lead their organizations in the future.
By Garry Kranz Comments 0 | Recommend 0
Succession Failure: Most companies are failing at succession management. Finding
successors for top leaders is the chief challenge facing companies, cited by
nearly three-quarters of executives in a survey by the Society for Human
Resource Management. Not surprisingly, 71 percent are worried about how they
will equip would-be leaders with the skills to be successful, and 69 percent are
sweating about recruiting and selection of top talent. Also keeping execs awake
at night are worries about how to keep top performers engaged in their jobs, as
well as unpredictable issues such as the skyrocketing costs of employee health
care.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
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