At a board and senior executive level, succession planning is critically important to the future success of an organization. Many businesses are planning 3-4 years into the future, as there is a deep understanding of what can happen when succession planning goes wrong.
Jenni Hibbert, Global Managing Partner of the Financial Services practice at Heidrick & Struggles, explains why succession planning is so important for organizations, and what organizations can do to prepare for success in an uncertain future.
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