This Week’s Survey: Succession Planning

Image_DayJonesDavidIt was with a heavy heart that I read of Davy Jones’ passing earlier this week. I’m a big Monkees fan (and I’m not ashamed to admit it!), and I’m glad I got to see Davy do his thing this fall when the Monkees toured (and put on a fantastic show!). So, the news got me to thinking, “Is this the end? What will the Monkees do now?” And since I’ve been writing about business continuity for almost 20 years, that got me to thinking about succession planning…the subject of this week’s one question survey.

Succession planning is a process for identifying and developing people within your organization who have the potential to fill key business leadership positions in the company. “Research indicates many succession-planning initiatives fall short of their intent (Corporate Leadership Council, 1998). ‘Bench strength,’ as it is commonly called, remains a stubborn problem in many if not most companies,” according to Wikipedia.

Please click here to answer this week’s one-question survey on succession planning and business continuity. It’ll take about a minute for you to answer anonymously and we’ll report the results in next week’s issue, where you’ll also be invited to join social media-based discussions on both the topic and the findings.

If you’d like to suggest a survey question for an upcoming issue, contact DRI Director of Communications Buffy Rojas at brojas@drii.org.

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