Succession planning can serve as a proactive internal recruiting tool in your organization by predicting new leadership position needs, future leadership vacancy risks, and identifying and developing successors with high potential for leadership advancement.
Organizations pay a high cost when recruiingt executives. The cost of opportunity and loss due to high potential turnover, and the cost of a failed executive placement (estimated to be between 2 and 5 times the executive’s annual salary) all point to the importance of effective succession planning for retention and cost savings.

Depending on your business needs, LaVeer Jovel & Associates will:

• Facilitate a group succession planning and discussion process  
• Work with you to prepare an Executive Succession Plan for your Board
• Conduct individual succession planning interviews 
• Identify critical positions and talent pools for these positions 
• Develop position competencies and development plans