SUCCESSION AND BUSINESS CONTINUITY PLANNING
Are you facing these challenges?
- Lean staff resulting in higher risks for coverage and succession of key positions
- Lack of cross-trained staff with the skills needed today and into the future
- Workforce aging resulting in loss of institutional knowledge, skills and experience
Why It’s Important
The greatest risk to an organization is the loss of the intellectual capital that disappears with the loss of an employee either through retirement or attrition. Most organizations don’t realize how many single points of failure exist at each level of the organization. The future of an organization is going to be based on the ability to identify, capture and distribute the intellectual knowledge that may be leaking from your organization.
Let Direct Effect Solutions help you make your succession planning work better for your organization.
How We Help
Direct Effect Solutions can create a more dynamic approach to succession and business continuity planning that compliments strong talent management practices. Rather than solely focusing on hiring new employees or just promoting within an organization, we help organizations find expandable opportunities for talent to grow and move within the organizational architecture while leveraging their collective experience with the company. Training and mentorship events capture institutional knowledge, develop emerging leaders, create business continuity options and generate possibilities for succession that historical approaches didn’t allow.
Learn more about how DES helped with Succession and Business Continuity.
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