Another interesting challenge is when you have (or are) 1 of 2 candidates in a succession plan that doesn’t make the cut. How do you encourage the “runner-up” stay?
Interesting challenge of leaders that need to look at making sure they are developing those they lead and not just focus on their individual upward mobility.
Excited to kick off the June Hear from Your Peers meeting. Thank you Eric Brown, with @AlignTechInc, for hosting and leading the discussion on Succession Planning.
Why is innovation important? Average NC salaries across all job skill sets are $3K higher than the national avg. For innovations job sets, salaries are nearly $10K higher, nationally, than NC.
An interesting challenge companies face is managing salaries that are driven by M&A. Companies have to balance compensation based on the different company philosophy