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Developing Understudies | Lindenberger Group In the theater, an understudy is a person who learns another’s role in order to be able to act as a replacement at short notice Similarly, in business, we need succession plans to identify and develop new leaders who can replace old leaders when they leave, retire or die
5 Ways Leaders Can Identify Their Understudy - Productive . . . Often, succession planning fails at the first hurdle: the identification of suitable candidates Finding the right people is half the battle, so here are some tips for finding understudies for your most important people
The Benefits of Coupling Training and Development with . . . By combining training and development with a succession plan, an organization can better prepare for the looming talent shortage and the uncertainty that the future holds This uncertainty is heightened with employees (especially ones with high-potential) moving from organizations more regularly
Understanding Leadership Succession Planning Succession plans direct training resources to developing future leaders responsible for executing the strategic plan Find out more about the benefits of accelerating the development of your leadership pipeline How Does Succession Planning Improve Employee Engagement?
Effective leadership succession planning | Deloitte Insights Orienting succession processes toward the future rather than present needs yields two key benefits The first is that it helps prepare the next generation of leaders to deal with a world that will differ, possibly drastically, from the present
(PDF) Leadership Succession Planning and Organization . . . In this study, the research focuses on leadership succession planning and organizational transition with the goal of implementing leadership talent development and retention strategies in the
Leadership Succession Planning: Step-by-Step Guide Leadership succession planning is the strategic process of identifying, developing, and preparing qualified individuals to assume critical leadership roles within an organization It ensures smooth leadership transitions, maintains continuity, and prepares leaders for future roles