Start Succession Planning Now: Your Roadmap to Preparing Future Leaders
Bizlibrary

This free item is only available for logged in members.

Description

How to develop tomorrow's leaders today

Baby boomers are retiring at a rapid rate - we're at an average of 10,000 each day! This means the workforce is losing its most knowledgeable and experienced employees every day. This also means the workforce is losing high-level leaders.

Employee turnover, especially leadership turnover, can leave organizations in chaos, but it doesn't have to be this way. Smart organizations are being proactive and developing succession plans to prepare for the inevitable changes in leadership.

An important part of succession planning is identifying and developing the next generations of leaders now. Another important part is getting those employees to stay and succeed in an initial leadership role. When employees believe they're gaining skills and experience to develop their careers, 37% are more likely to stay with an organization. This shows the importance of creating effective development plans!

It can be hard to prioritize succession planning because it might feel like there are more pressing problems that need your attention now. Or you may not know where to start. In this ebook, we'll provide tips to help you develop a plan and create seamlessness in times of personnel change. You'll learn:
 
  • Practical approaches to succession planning 
  • How to identify, develop, and retain high potential employees 
  • Three key ways managers can customize experiences for their employees to reduce turnover 
  • How to build effective development plans 

Sponsored By