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Smooth leadership transitions begin with succession planning

Leadership development is paramount for adequate cost management, quality control

OAKBROOK, ILL.-Developing future leaders to take the reins when key executives depart is essential to a healthcare organization s success, according to a recent study.

"Succession planning is part of strategic planning for every healthcare organization," according to Witt/Kieffer Senior Vice President Michael E Meyer, who leads the firm's corporate/insurance/managed care practice and is based in the Phoenix, Ariz., office. "Succession planning is designed to provide a smooth leadership transition for the organization, as decision makers assess what type of bench strength is needed for the future. Without ...

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