Long-term employees are resisting succession planning. How can you navigate this challenge effectively?
Succession planning is a critical strategy for ensuring the long-term health and sustainability of your small business. It involves identifying and developing new leaders who can replace old ones when they leave, retire, or pass away. However, this process can be met with resistance from long-term employees who may feel threatened by change or fear a loss of legacy. Understanding how to navigate these challenges is crucial to maintaining a harmonious and forward-looking workplace.