in partnership with Brandon Hall Group
Brandon Hall Group research shows that 79% of organizations prioritize improving C-Suite succession planning, and a recent board governance trends report cited CEO and executive succession as the top priority for boards of directors. In addition, less than 30% of HR leaders believe they understand the critical roles below the C-suite that should be covered by succession planning, according to Brandon Hall Group research.
The elements of great succession planning are so vast that many HR teams can’t connect the dots and partner effectively with business leaders. For example, employers often focus on transitioning a candidate to a new role without identifying and developing candidates to replace the promoted leader. This can create a domino effect that leaves leadership gaps across an organization. And the risk increases the higher leadership levels you go.
SVP & Partner, BTS
Executive Advisor & Consultant, BTS
Principal HCM Analyst, Brandon Hall Group
Lynn Collins, Ph.D.
Head of Talent Development Solutions, BTS