
02/06/2025
What’s really working in succession planning? We sat down with Senior HR leaders across industries to unpack the challenges and opportunities organizations face today.
The data is stark: 35-47% of newly promoted executives fail within 18 months, with turnover costs reaching 400% of annual salary*. But our latest roundtable revealed actionable strategies that are making a difference.
Key takeaways from the conversation:
· Shift from "ready now" to "ready enough" mindsets
· Build transparent, two-way succession conversations
· Focus on experiential learning and real challenges
· Track conversion rates to measure what's working
Organizations making real progress treat succession as a living, evolving system. That mindset shift is helping them turn leadership risk into strategic resilience. Read the full recap from our roundtable: https://www.vantageleadership.com/succession-planning-in-action-insights-from-hr-leaders/
*see full blog post for sources
Succession Planning in Action: Insights from HR Leaders It is estimated that between 35-47% of newly promoted executives fail within the first 18 months. Given the significant costs associated with executive-level turnover (e.g., estimated to be between 200-400% of annual...