By using our website, you are consenting to our use of cookies, as described in our privacy policy.
You can change your cookie settings at any time.

mobile menu

< Back to resources

Whitepaper

The simple guide to succession planning for financial services part 1

Succession planning – the process of identifying, selecting, and grooming talent for future roles – is critical to protecting your company’s goals. It’s really a no-brainer: finding and developing leaders with specific competencies ensures you’re always prepared for expected and unexpected vacancies by having a diverse talent pool of ready-to-go successors. This is imperative, as the Financial Services (FS) sector is facing major talent challenges: an aging workforce, Millenials who are attracted to other fields, and hiring teams who lack visibility into their own employees’ skills and aspirations. Plus, smart succession planning gives you a competitive advantage, as it takes you beyond simply replacing employees and establishes a strategy to create qualified talent that is ready to lead your organization into the future.Succession planning – the process of identifying, selecting, and grooming talent for future roles – is critical to protecting your company’s goals. It’s really a no-brainer: finding and developing leaders with specific competencies ensures you’re always prepared for expected and unexpected vacancies by having a diverse talent pool of ready-to-go successors. This is imperative, as the Financial Services (FS) sector is facing major talent challenges: an aging workforce, Millenials who are attracted to other fields, and hiring teams who lack visibility into their own employees’ skills and aspirations. Plus, smart succession planning gives you a competitive advantage, as it takes you beyond simply replacing employees and establishes a strategy to create qualified talent that is ready to lead your organization into the future.

Complete the form to access the resource. You will also get instant access to all of our other resources.

Share This Story

Download Whitepaper

* Indicates required field

image

Take us for a spin

get started

Products

RecruitingLearningDevelopmentPerformanceCareersHRContent

PrivacyCookiesTerms of Use
©Cornerstone 2020