Why succession planning is about more than CEOs

Succession planning is about making your organisation stronger, but focusing only on the C-suite is a mistake, according to Shaara Roman, a consultant with wide-ranging global experience. She offers an alternative term that can help companies think about succession in a different way, setting them up for success in the future.

What you’ll learn from this episode:

• The priorities that keep companies from addressing succession issues.
• The #MeToo movement’s effect on succession planning.
• Why “workforce planning” might be a better term for framing discussions on succession.
• How one conversation can get you started on developing a succession plan.

Play the episode below:

To comment on this podcast or to suggest an idea for another podcast, contact Neil Amato, an FM magazine senior editor, at Neil.Amato@aicpa-cima.com.