Marsh & McLennan Insurance Agency LLC Article: Succession, It’s about business continuity, not simply who’s in charge.
Creating continuity at the top is obviously essential for the health of any organization, but it’s only one part of succession planning. Limiting planning to the C-suite is like looking through the wrong end of a telescope.
Your business more than likely has a number of highly-skilled, high-performance people working in various capacities, at various levels within the organization — and they would be difficult to replace if they were to leave.