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.”]

