Succession Matters: Accurate identification of leadership potential
April 2, 2015
When it comes to succession, thriving organizations don’t just look to the top
Succession management should never just be about the boardroom. It should be about identifying and nurturing leadership potential wherever it exists, at every level.
To further explore this critical topic, we invite you to join our experts as they discuss why a sustainable pipeline of future leaders makes perfect business sense.
Korn Ferry recently carried out a comprehensive global survey across 54 countries. More than 1,000 business leaders took part. Some key findings:
- Only 1/3 say they are confident in their talent decisions.
- High-potential talent is not being accurately identified.
- Misidentified, ill-fit candidates are promoted into key roles.
The reason for this talent mismatch is that too often high performance is mistaken for high potential, a costly mistake when identifying leaders for future roles.
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