Articles Highlighting Succession Planning

The ‘Bus Factor’ Are You Prepared If Your Key People Disappear

The ‘Bus Factor’: Are You Prepared If Your Key People Disappear?

By Kevin Chern | October 14, 2024 |

The Bus Factor is a gauge of your business’s resilience. It evaluates the extent to which your operations rely on a handful of individuals. If only one person knows the inner workings of a critical process, your Bus Factor is dangerously low. And while we like to think everyone is replaceable, the truth is, not…