It’s often easy for companies and their leadership to be so caught up in the day-to-day challenges of running the organization that they overlook long-term planning—and we’re not just talking about annual, 5-year, or even 10-year plans. Even companies that are thinking long term are often thinking long term through the lens of their existing personnel.
The Inevitability of Transition
Whether it’s the founder of a rapidly growing start-up or a long-serving C-suite leader, companies can’t assume their key staff will be around forever. Shifts can be driven by retirement, competitor poaching, or even illness and death.
