The first part of this series examined some reasons why organizations might not want to let employees know about their part in a succession plan, but it also discussed how the potential negative consequences of disclosure can be avoided or lessened. This installment will examine the reasons for telling employees about their part in a succession plan. Continue Reading
Organizations tend not to disclose details of their succession plans or inform individual employees that they may be chosen to take on critical roles in the future. The discussion below examines a number of reasons why organizations elect not to inform candidates about their part in the succession plan. However, the discussion also touches on how the potential negative consequences of disclosure can be avoided or lessened.
A subsequent installment, “Succession Plan Transparency (Part 2): Why You Should Inform Employees of Their Part”, will examine the reasons why companies should tell employees about their part in the succession plan. Continue Reading
Five Leadership Development Tactics of Top Companies
While we cannot accurately predict the future, we can make an attempt to invent it. Effective leadership is an essential component in a company’s planning for a successful and profitable future. In a complex and competitive globalized environment where change is a constant, leaders have to establish a clear path for their company and staff even when the indicators are vague and uncertain.
Studies and surveys have been conducted to identify the characteristics and strategies of companies or organizations which have the best leaders. These studies confirm that there are several core tactics that any company must adopt if it wants to effectively navigate the future. The following are some of the more important ones. Continue Reading
We live and work in an exciting but challenging world where rapid change seems to be the only constant. When you have been in business for over 30 years, as Verity International has, you have been on an incredible journey. One thing that has not changed, however, is Verity’s desire to create opportunities to learn, share, and explore for its customers, valued partners and others.
As such, we at Verity invite you to join us as we carve another path in our journey by initiating a blog and through it a regular ongoing conversation with you. Our intent is to create a contemplative and thought-provoking space where you can take a few moments away from the hectic pace of your everyday work life to examine a variety of topical issues.