Article Summary
Many North American healthcare organizations are expected to face a leadership succession crisis, according to a survey of 117 senior industry executives and managers conducted by American Management Association/Corporate Learning Solutions.
Fewer than 7 percent of healthcare organizations are well prepared to deal with a sudden loss of key leaders, according to the survey. Only 8 percent possess a robust leadership pipeline and 44 percent have only adequate bench strength. And although 74 percent of respondents believe a smooth management transition is now increasingly critical, only one-quarter of industry organizations are said to be genuinely committed to succession planning.