A change in leadership can cause stress and confusion at any company, but this is especially true at a small business. For companies of this size, leaders within that company tend to have a major influence on how the company operates. Their personal leadership style may set the tone for the operation and management style of all managers at all levels within the organization.
Webinar – Organizational Toxicity: Considerations for Succession Planning and Talent Management
This webinar features an innovative look at succession planning and the steps necessary for success. Learn how to identify and develop people within your organization through the use of succession planning and talent management.
How Succession Planning Issues Affect Your Business
At a small business, a leadership change can prompt anxiety and uneasiness amongst the ranks, and this will likely affect productivity and employee morale. If you are forced to scramble in efforts to adjust to the situation, you will inevitably experience a disruption in your normal operation.
It is important to think ahead. By having a succession plan already in place before you need it, you can proceed with the transition quickly and keep the disruption to a minimum.
Profiles International can help you be prepared for a change in leadership. We can provide you with tools to help you identify and assess those in your organization with the potential to step up and assume leadership roles when the time comes.