TITLE

Succession Planning for Long Term Stability

AUTHOR(S)
Vanderslice, Ginny
PUB. DATE
December 2016
SOURCE
ESOP Report;Dec2016, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the role of the concept of succession planning on the long term stability of an ESOP company. Topics include the need for a process for the identification and development of personnel who can be moved into key management roles, the importance of an executive's support for culture, and the consideration for responsibility shifts to existing team members. It also mentions the necessity of a leadership development program for personnel advancement.
ACCESSION #
120484285

 

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