All senior leaders, including CEOs will leave their role. Winsborough can help Boards, executives and CHROs develop succession plans to prepare for change.
Although replacing executives is one of the variables over which Boards and organisations have complete control, research (and Winsborough’s experience) has long shown that most organisations are unprepared to replace them.
Poor succession planning leads to talent shortages, organisational turmoil, opportunity costs from poor transitions, personal stress and hits to brand equity.
Winsborough work with Boards and leadership teams using a structured approach to executive succession. Four steps ensure the process prepares candidates, incumbents and the organisation for smooth successions:
To find out more about how Winsborough can assist you with Success Planning