Case Study: Manufacturing Facility Succession Plan
Succession planning helps a company answer the questions: Do I have the right people? Who should I develop? Where are the talent gaps? Who do I need to hire? Assessing an organization to determine the talent capabilities of their current staff to develop a plan for future initiatives and business growth can be an organization’s best safeguard to ensure the continuity of operations and the success of the organization.
CPIBN was hired to assist a local WNY manufacturing facility that wanted to position itself for growth within its specialty product lines. In 2015, the company’s leadership team realized that they needed to gain a better understanding of their talent risks and put a plan in place to help mitigate those risks.
Learn how they decided not to be among the 2/3 of companies without a formal succession plan in place and successfully created a plan for the future, here.