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Over Half Of Small And Medium-Sized Businesses In The It Sector Admit To Having No Succession Plan

52% of SMEs in the IT sector admit to having no clear plan in place to ensure their business does not suffer when a key employee leaves. However, over a fifth (22%) believe the biggest threat to their business is the departure of a senior executive. A further fifth (21%) would face difficulties if a whole team left. Aldermore Future Attitudes report has found that over a thousand senior business decision-makers at UK SMEs have no succession plans in place despite being conscious of the adverse consequences that may result should crucial employees leave.”]

Source: https://informationsecuritybuzz.com/study-research/half-small-medium-sized-businesses-sector-admit-no-succession-plan/

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