Take the stress out of succession planning with these 3 steps

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Every company has a short list of considerations when it comes to strategic planning. Near the top of that list is preparing for potential — and sometimes inevitable — shifts in leadership.

With an average of 12 weeks between the announcement and start dates for internal CEO hires and six weeks for external hires, seamlessly handing off leadership during a business transition requires more than a bit of forethought.

“Having a succession plan is like having life insurance,” says Jason Cagle,…

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Truist Financial Corporation

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