18 Truths about Succession Planning: Insights from the 13th Annual Succession Management Conference

Companies can no longer rely on traditional succession management plans. Many roles that exist today will not exist in the future and more than half of schoolchildren today will work in jobs that do not yet exist. Therefore, companies need to embrace skills that come with a diverse range of work experience, be more open to a zig-zagging path to executive roles, have a wider range of employees in their high-potential programs, overhaul their definition of what leadership readiness looks like and redesign their high-potential programs accordingly, and be on the lookout for what skills future leaders will need.