The Succession Planning Mistake Most Small Businesses Make #leadership #successionplanning

17 Apr 2026 · 1 min
0:53

In this segment, Chrissy Myers discusses a common succession‑planning error among fast‑growing small businesses: hiring external candidates who already possess leadership experience and placing them in customer‑service roles as a fast track to management. She explains that while these hires bring ready‑made skills, they bypass the need to train or develop internal employees, which means the business misses the opportunity to groom existing staff for future leadership. Myers points out that this approach reflects poor succession planning because it neglects the long‑term development of current employees, especially when rapid growth makes it hard to think ahead and prepare internal talent for promotion.

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