In today’s environment, the majority of things that could impact your success are actually outside of your control. That is the lesson that JP Morgan Chase leadership can teach us leaders. Keeping everyone in the loop is one example of the succession planning best practices executed by key executives at JP Morgan Chase.
No one can predict what the markets, competitors, or customers will do, or technology changes or current health crises will impact your business. The key to dealing with uncertainty is to focus on what you can control and make a succession plan. A plan as to what happens should something happen to you. It will outline who will lead the company and identify the level of depth of your leadership bench.
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