Tag Archives: Succession

Top 4 Benefits of Using a Consulting Firm for Succession Planning

Rick Lepsinger — November 29, 2018 Follow @onpoint_llc — November 29, 2018 rawpixel / Pixabay Succession planning is a crucial component of sustained organizational success. Some measure of turnover is inevitable for any company, and the financial costs of not filling those vacancies quickly can be significant. A 2013 Mercer study even estimated that these … Continue reading Top 4 Benefits of Using a Consulting Firm for Succession Planning

4 Top Benefits of Leadership Succession Planning

Darleen DeRosa — November 8, 2018 Follow @onpoint_llc — November 8, 2018 Today’s organizations face many challenges in the dynamic global economy, some of which include technological disruption, rapidly shifting customer demands, and public pressure from activist groups. The average CEO tenure for publicly traded companies is only five years, with the average employee tenure … Continue reading 4 Top Benefits of Leadership Succession Planning

5 Steps to Successful Succession Planning

Rick Lepsinger — August 1, 2018 Follow @onpoint_llc — August 1, 2018 StartupStockPhotos / Pixabay Despite dedicating many resources toward training and development, many organizations still find themselves short-handed when it comes to effective leadership. Stunningly, a Harvard Business Review survey showed that only 15% of North American companies claimed to have a pipeline of … Continue reading 5 Steps to Successful Succession Planning

Succession Planning: The 2 Most Important Elements For Success

Darleen DeRosa — March 26, 2018 Follow @onpoint_llc — March 26, 2018 Having a pipeline of high-potential employees who can step up to different leadership positions in your company will have a significant impact on the long-term success of your business. For example, as noted in research by CEB/Gartner, “only 1 in 7 high performers … Continue reading Succession Planning: The 2 Most Important Elements For Success

5 Ways to Evaluate the Effectiveness of a Succession Strategy [Case Study]

Brent Holland — November 23, 2016 — November 23, 2016 It would make little sense for an organization to develop a succession management program without a defined plan for evaluating its effectiveness. But how can organizations evaluate their succession management program? The five guidelines below provide organizations with a proven method to determine whether or … Continue reading 5 Ways to Evaluate the Effectiveness of a Succession Strategy [Case Study]

Who Will Lead? Qualities of a Winning Succession Management Strategy

Brent Holland — November 6, 2016 — November 6, 2016 Succession planning is key to smooth transitions. However, according to a recent survey of 783 directors conducted by PricewaterhouseCoopers, only 48% of executives feel their board is spending sufficient time on CEO succession, and just 27% of directors surveyed felt confident their company has adequate … Continue reading Who Will Lead? Qualities of a Winning Succession Management Strategy

Succession Planning When Your Company Is In Crisis Mode

by Darleen DeRosa April 14, 2016 Follow @onpoint_llcApril 14, 2016 Succession planning is always important, but sometimes it is urgent. A key leader resigns without notice. A high-level manager and several of his team members are fired for ethics violations. Or, a company is experiencing rapid growth and needs to accelerate hiring for leadership positions … Continue reading Succession Planning When Your Company Is In Crisis Mode