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AchieveGlobal
Lack of Succession Planning Negatively Impacts American Businesses
December 12th, 2008
In a new study released by AchieveGlobal, a leading global workforce management firm, an alarming 51 percent of respondents reported that their organization has no established succession plan in place for C-Suite executives. The C-Suite includes Chief Executive Officers, Chief Financial Officers, Chief Operating Officers, etc. This is particularly troubling for American businesses as 16 percent of respondents indicated that they had an existing vacancy in their C-Suite and 37 percent indicated that they anticipated a vacancy within the next year. "The challenge of today's troubled economy and daily fluctuations in business environments are vital points for consideration...
Source: Health Business Week (2008-12-12)
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