What is Succession Planning? Succession planning is a business strategy for passing leadership roles on to one or more other employees. This business strategy will ensure that a business is preparing to promote and advance its employees—and not just those who are already at the management or executive levels. Here are questions to ask yourself […]
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Charles Coy, senior director of analyst and community relations at Cornerstone OnDemand, provides three succession planning tips avoid the game of HR Jenga. There’s more to succession planning than identifying the next wave of senior managers or VPs. While it’s important to groom future leaders for your company, a singular focus on finding “leadership” often comes at […]
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In part two, Darcy Jacobsen, content analyst and blogger for Globoforce, offers six succession planning tools and tips on how to develop a sound plan. According to the 2014 Report on Senior Executive Succession Planning and Talent Development published by IED and Stanford Business School, here are the Six Key Elements of Successful Succession Planning: […]
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In part one of this two part article by Darcy Jacobsen, content analyst and blogger for Globoforce, she examines the need for succession planning. In part two, she offers six tips on how to develop a sound plan. According to a study by Quantum Workplace, 1 percent of executives believe that their succession plans are excellent. Okay. […]
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The boomers are retiring. This is not news, of course, but their mass exodus from the workforce does create a potential problem for many organizations – namely, identifying new leaders to fill the boomers’ shoes. In addition to closing the talent gap this generation will leave, other reasons to proactively develop new leaders include: Keeping […]
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