Succession planning wasn't new to us. But on-demand software gave us a cost-effective way to move from a three-inch binder stuck in a closet to a fully automated system. |
The risk of knowledge loss will always be there because there will always be unexpected departures. But if you have a solid process to map out who is in your leadership pipeline, you'll be better prepared to fill job openings, retain top-performing employees and prepare for retirement. |
Who Knows Whom, and Who Knows What? You need to focus on helping these people advance as quickly as possible. |