CEO Priorities – Post Brexit.
The worst form of ignorance is that we don’t know that we don’t know! After reading this article you will recognise the need for Strategic Succession Planning, not just as a once in a generation event but here and now and a vital part of your future strategy.
A recent survey of CEO stated that the following top three major challenges facing businesses are:
- The need to deliver financial results
- Strategic Planning for success
- Succession Planning and Management
Previously succession planning and management was left to providence and chance.
Today there are changes in the structure of the workforce, with lean management resulting in a smaller internal talent pool and with far less time for development. This can result in the remaining staff being dissatisfied with the potential for career progression and they leave. These circumstances can have potentially catastrophic impact on business performance and shareholder value, through the loss of critical skills and the effect on company morale.