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Not all CFOs aspire to be a CEO in their future career move, and not all who aspire achieve, but among those CEOs leading Forbes Global 2000 companies in 2015, 13% have come from the CFO role, and 18% have come from senior finance positions.

Year after year, companies have slowly ditched the traditional performance review. The reason? Management hasn’t noticed improvement after appraisals were given.

Succession planning, finding a qualified individual to continue the success of your company, is one of the most complex and stressful tasks for any manager or executive.

With such a huge focus on both ends of the business spectrum—established enterprises and fast-growing startups—many in Illinois fail to realize one of the most important pieces of the economy, responsible for 31% of employees in the state.

You know social recruiting and you know employer branding, but there is one thing that employers have ignored in their quest to source both passive candidates and active job seekers. That secret? Content Recruiting: The practice of using content marketing to brand and promote your company, and acquire and retain top talent.

Starting to notice more vacancies, fewer employees, and more resignation letters? More and more people are changing jobs, and hiring managers are scrambling to keep up. It’s a fight for talent, and the best candidates will not be around for long when they hit the market (if they hit the market at all).

Even the smallest companies have the tools available to them to engage, acquire, and retain employees. Maybe you don’t have a private chef, or a Nordic country level time-off package, or even a ping pong table, but there are ways to keep the best employees from leaving in 2015.

Companies or organizations that constantly struggle with employee turnover are facing serious costs associated with hiring and on-boarding. Not only does it cost a significant amount of money but it also takes time away from HR and hiring managers.

Your nonprofit organization should provide an environment that encourages high performance, retention and engagement among all employees. If you sense your organization lacking in these areas, perhaps it’s time for a cultural needs assessment.

The cost of recruiting and hiring executive positions may be high, but making the right decision will be rewarding in the end. Some firms are turning to their board members to fill executive positions. However, recruiting from a board of directors may not be the best choice for your firm.