What Are Common Challenges in Succession Planning?
Several challenges can arise during succession planning, including:
- Resistance to Change: Employees and stakeholders may resist changes in leadership. - Bias and Subjectivity: Personal biases can affect the identification and development of potential leaders. - Lack of Resources: Insufficient resources can hinder the implementation and success of the plan. - Short-Term Focus: A focus on immediate needs rather than long-term strategic goals can undermine the effectiveness of the plan.