Nashville Succession Planning Strategies For Business Leaders, Service Update
The expansion of Solutions 21’s succession planning services to Nashville businesses comes in response to the persistent post-pandemic talent shortages faced by local organizations. With many businesses still noticing gaps in their talent pools, the consultancy knows effective succession planning is crucial to helping organizations overcome these challenges.
The leadership development expert’s updated succession planning services are intended to address recent shifts in the U.S. workforce. Every year, the average age of company leaders decreases as more senior leaders retire and more Millennials enter their positions. These younger leaders tend to emphasize efficiency, fast decision-making, and strong interpersonal relationships, Solutions 21 says.
These changes in leadership styles are driving significant organizational changes as well. For presidents and CEOs, these shifts also indicate the need to cultivate the skill sets necessary to ensure their successors are capable team managers.
Solutions 21’s flagship program, Next Leader Now, offers company managers customized training, coaching, and other services to strengthen their organizations’ cultures. Having a stronger culture helps companies gain a competitive advantage to withstand shifts in leadership and in the workforce at large, the consultancy notes.
By employing a solid succession planning strategy developed by Solutions 21, managers can also stabilize company leadership and increase the likelihood of attracting high-performing employees who want to work for a company that will foster their long-term growth. In turn, such an investment can help reduce employee turnover rates because employees who know their work is appreciated are likely to stay with their employer long-term.
About Solutions 21
Solutions 21 was founded in 1994 to help business leaders build, shape, and prepare their organizations to compete in a modern marketplace and preserve their legacies. They educate and coach teams to communicate, motivate each other, and function with greater sophistication. Solutions 21 helps organization members discover their natural strengths, adjust their behavior to encourage the strengths of fellow team members, and together achieve their full potential.
A satisfied client said, “Solutions 21 has worked with us for over two decades. Since then, we’ve increased our revenue, developed countless people to help with our explosive growth, and set up a board to ensure we continue to deal with everyday challenges. Without their realistic approach, we couldn’t have achieved the success we have today.”
Interested parties can learn more at https://solutions21.com/
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Research Raptor journalist was involved in the writing and production of this article.