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Any company that's going to make it has got to find a way to engage the mind of every single employee. If you're not thinking all the time about making every person more valuable, you don't have a chance. What's the alternative? Wasted minds? Uninvolved people? A labor force that's angry or bored? That doesn't make sense.
-Jack Welch, CEO, GE
There are many barriers that impede organizations from developing and implementing formalized succession processes. For example, a chief executive officer (CEO) may be unwilling to participate due to time constraints and/or a lack of understanding and motivation. The board of directors may fear internal politics and rivalries between potential successors. Executives might view formalized processes as a form of replacement planning, causing them to keep positional knowledge on policies and procedures away from high-potential employees. As the above quote from Jack Welch emphasizes, organizations must find a way to engage all employees in the succession planning process. One such way to eliminate or overcome the barriers that can impede the potential progress of succession planning.
analyze barriers to succession planning and their potential organizational risks. "Bright Horizons Family Solutions: Case Study" of the text Linkage Inc.'s Best Practices for Succession Planning: Examine how the Bright Horizons Family Solutions organization identified its needs, overcame its barriers, and ultimately changed its informal succession plan into a formalized, effective system.
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