Organizations Face Succession Challenges

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    As many senior and second-level executives retire or approach retirement, Canadian organizations face serious leadership succession challenges, says the Conference Board of Canada’s ‘Human Resources Trends and Metrics: HR Measurement Benchmarking.’ The survey says developing leaders who are capable of stepping up to successively senior executive roles continues to be one of the top human capital challenges. The study shows that for every two senior executives, organizations have only one job-ready or near job-ready successor.