Brandon Hall Group’s Study, 2015 State of Succession Management Survey, based upon a survey conducted between December 2014 and February 2015 completed by 164 executives, chief human resources officers, vice presidents of talent, and other business leaders representing 24 countries from all significant global regions across 29 industries, Key Findings:
Additionally, anecdotal evidence suggests that formalized leadership succession plans are being requested by lenders and financial buyers of businesses to minimize the risk to enterprise value in the event of an unforeseen or unplanned for transition event.
Financially Outperform the competition.
Source: Global Forecast; Ready-Now Leaders: Meeting Tomorrow’s Manufacturing Talent Challenges, The Conference Board DDI 2014/2015 report.
Source: Development Dimensions International survey results.
“As the data pours in about the undeniable role of succession management in helping organizations achieve significant business targets, organizations are planning to invest more time, money, and headcount to help ensure their approach to succession management builds the talent skill and know-how necessary to lead into the future and outpace the competition.”
- Brandon Hall Group’s Study, id.
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