3rd Annual Strategic Succession Planning

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Organizations need formal succession plans to be competitive in 2015. When a key employee leaves a company, many are forced to bring someone else who starts at the bottom of the curve. This means incurring the cost of hiring, the loss of productivity and the prolonged learning process of the new employee. Yes, the new person may have excellent skills and perspective from the outside, but in many cases, it will take years to realize those benefits.

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