What are the Common Challenges in Succession Planning?
Succession planning can be fraught with challenges, including:
- Resistance to Change: Employees and management may resist changes in leadership. - Lack of Engagement: Potential successors may not be fully engaged in their development plans. - Inadequate Resources: Limited resources can hinder the implementation of training and development programs. - Bias in Selection: Unconscious biases can affect the identification and development of successors.