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It‘s Always Time to Start Thinking About Succession Planning
It always boggles my mind how many people in leadership positions clinch to their roles with no thought into ever leaving the company. Whether you own a company or are employed by one, succession planning is something that you should always be thinking about.
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What is the reason for not investing time in succession planning?
I strongly believe that most people are afraid of the thought experiment. Most of the time, the individuals are employed by a company and they have no thought to leave. Convenience is prioritized in all of their actions. For example, let’s say that they’re setting up a new account for GoDaddy. Which email address do you think they’ll use? Most of the time, it’ll be their own. With some thought into the potential of eventually leaving, an email strategy would be implemented that allows for others to take over immediately.
We touched on the convenience factor but there are a couple of more. One that’s…
