Leadership Thought #385 – The Importance of Succession Planning
Far too many organizations are dependent upon far too few people to be successful. I often ask my clients, “What happens to your business if something happens to you?” The answers more often than mot are less than satisfactory. One of the key jobs of a leader is to mitigate risk and one of the biggest risks you have in any company is people risk – starting at the top. It may feed your ego to be critically important to your company but it is no way to build an enduring successful organization.