Why corporate boards fail ation planning
· Business · Business Standard
Corporate boards often struggle to ensure seamless leadership transitions, leading to talent gaps when key executives depart unexpectedly. Many organizations focus on immediate performance rather than long-term talent development and identifying internal successors. This lack of preparation can result in expensive external hires that may not align with company culture or strategic vision. Without a structured framework for monitoring high-potential employees, boards face significant instability during leadership shifts.
Why it matters
Poor succession planning creates market volatility, loss of institutional knowledge, and operational risks during executive changes.
Read the original report — Business Standard
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