Percentage of Staff with Formal Succession Plans in Place

Published On:
May 15, 2019
Authored By:
Perry D. Wiggins
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This article focuses on the percentage of staff with formal succession plans in place, as reported in APQC's Create and Manage HR Strategy survey. Formal succession planning for finance leaders and critical roles assures that the organization has strong bench strength for the future, and avoids the risk of key knowledge loss.