Webinar: Succession planning - Key to Protecting Your Business
A 2021 study by the Society for Human Resource Management found that 56% of organizations report not having a succession plan in place. Why does it matter? And how does doing succession planning help your organization achieve its mission and goals and give it a competitive advantage?
As we emerge from the global pandemic, organizations are finding themselves with holes in senior leadership and other critical business roles. The recent turnover in these key positions is destroying huge value - according to Harvard Business Review, close to $1 trillion USD annually among S&P 1500 alone. In this 60-minute webinar, XpertHR Senior Global Analyst, HR Strategy & Insights, Laci Loew helps you learn more about succession planning: what it is; the data about it; who is doing it right; and how to get it jumpstarted in your organization.
In this webinar, you learn about:
- The business case for succession planning
- Succession planning as a key element of the HR strategy and HR's role
- Common succession planning challenges
- Business benefits of succession planning
- And more!