Use Succession Plans to Identify and Prepare Employees for Formal Leadership Roles

 

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Succession planning is a traditional leadership practice that APQC?s 2014 leadership survey and case-study research showed is critical to building and sustaining dynamic and collaborative leadership capabilities. APQC's leadership survey found succession planning to be predictive of an organization having a smaller leadership skills gap. The best-practice organizations in the case-study research on reviving leadership capabilities (i.e., Cardinal Health, Caterpillar, Ford Motor Co., Monsanto, and W.L. Gore) corroborate this finding. The following article details how these organizations use succession planning.

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