SUCCESSION PLANNING
A new blog by GroupOne's
Executive Director Danny Davila
The pressure to hire the best talent is always significant. At the same time, members of this elite talent pool are strategically searching for opportunities among select organizations. This combination can create a dearth of talent for leadership roles. How does a background screening company relate to sourcing strategies? The expense of contracting with executive search firms and consultants to land the next great leader continues to grow, usually impacting budget and accountability. Several years ago, while I was attending a conference on talent growth and development, it was stated that succession planning can be one of the most fiscally responsible investments a company can make.
