RESEARCH TRIANGLE PARK, NC--(Marketwire - March 11, 2009) - Some of the most successful
companies have found new CEOs without choosing to hire from within. For
instance, Hewlett-Packard hired the well-known Carly Fiorina from Lucent,
and she served from 1999-2005 as chief executive officer. More recently,
Fiorina served as John McCain's top economic advisor. Lee Iacocca, who was
fired by Henry Ford II, became well-known for reviving the Chrysler brand
and introduced the world to the minivan in the 1980s and, later, the Jeep
brand in the early 1990s -- after he bought American Motors Corporation.
So, hypothetically, in today's competitive economy, what happens if Steve
Jobs decides to leave Apple or Bill Gates decides to retire from Microsoft?
Would their successors bring these Fortune 500 companies even greater
success?
Analysts at Cutting Edge Information (
www.cuttingedgeinfo.com) have
thoroughly researched this oftentimes controversial and cumbersome process
and created a comprehensive succession planning toolkit designed for
companies large and small, across a gamut of industries. Human resources
departments can use Cutting Edge Information's "Succession Planning:
Toolkit for Execution" (
http://www.cuttingedgeinfo.com/SuccessionPlanning/)
to mirror the best practices benchmarks and metrics from top succession
planning companies including General Electric, Boeing, AT&T, Pfizer and
Bank of America.
The report showcases the following key metrics and practices:
-- Performance gaps between companies with strong and weak leadership
development
-- Detailed views of succession planning processes at top companies and
government organizations
-- Succession planning diversity programs' goals and performance
-- Top reasons for implementing performance-based development programs
-- Measurements used to track succession planning effectiveness
It also includes a detailed guide to help companies build a hands-on
succession plan, including real-world:
-- Succession Plan Forms
-- Leadership Development Plans
-- Career Path Templates
-- HR Planning Guidelines
-- Employee Profile & Evaluation Forms
To view more information about the report, visit:
http://www.cuttingedgeinfo.com/SuccessionPlanning/
Contact Information: CONTACT:
Adam Bianchi
919-403-6583