New research, published by global management psychology firm RHR International, provides clear evidence that careful planning for leadership succession at major organisations has a significant impact on their commercial success.
The research, consisting of the findings of a survey entitled Practices in developing future leaders? finds there is a significant, positive correlation between a company’s ability to develop senior executives internally and its confidence in its ability to meet future growth needs.
The research indicates that organisations enjoying the great benefit of having a good selection of highly able executives who are definitely senior management material are frequently those organisations which have a strong, well-organised programme to develop high-potential? employees.
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