HR Digest

MARCH 2, 2021

Developing a strong leadership pipeline with succession planning. Many of what are considered family business benefits such as loyalty, legacy, commitment, engagement, and values can quickly turn into liabilities or roadblocks to the business. The answer is complicated.

Planning 124

Planning Succession Leadership Pipeline Loyalty 124

Harvard Business Review

MAY 26, 2014

Many CEOs of midsized firms are loyal to the team that got them there, but that loyalty is misplaced if it erodes the company’s ability to grow. Any leader’s first loyalty must be to his firm’s health, not his direct reports’ continued employment at the firm. It’s even harder if viable replacements aren’t on the immediate horizon.

Leadership 8

Leadership Leadership Pipeline Loyalty CEO 8

Harvard Business Review

JANUARY 22, 2015

According to a 2014 survey from Deloitte , 86% of business leaders know that their organizations’ future depends on the effectiveness of their leadership pipelines — but a survey of 2,200 global HR leaders found that only 13% are confident in their succession plans, with 54% reporting damage to their businesses due to talent shortages.

Leadership Development 8

Leadership Development Development Leadership Leadership Pipeline 8

Harvard Business Review

JANUARY 15, 2015

Make a son look important in front of his father – a battle that child may have been waging all his life – and you will win the loyalty of that adult family member for life. While this is important for career success in all office environments, in family environments this tactic takes on far greater significance.

Politics 8

Politics Leadership Pipeline Execution Career 8