Two Helpful Templates Simplify Succession Planning
Yesterday’s Advisor featured succession planning tips from Consultant Mary Anne Kennedy; today, two valuable templates she offers to serve as basic documents for succession planning.
Tag: Succession Planning
Succession Planning: Keys to Successful Transitions and Minimum Disruption
Succession planning—it’s not a new phenomenon, says consultant Mary Anne Kennedy, but it’s critically important and often done poorly. What will you do if a key person leaves, and there is no replacement?
Helping Your Employees Make the Retirement Transition
In yesterday’s Advisor, we reviewed options for transitioning employees into retirement and how such programs benefit employers; today, how your partial retirement program can benefit employees as well.
‘Passiontivity’ Is Clue to Engagement and Motivation
Assessment Tool for Career Motivation Harrington offers the chart below as a way of assessing career motivation: You’d like to get people to high skill, high motivation jobs. If they are highly motivated with low skill, go for professional development. Low skill and low motivation suggest ending the relationship. Low motivation and high skill is […]
‘Hey, Boomers, We Want Your Jobs!’ (But Not Your Stress)
The problem is compounded, Harrington says, because although Gen Xers do want to move up to the Boomers’ jobs, they don’t want the stress that goes with the jobs. They also want work/life balance, and that creates a conflict. Harrington, founder and president of Purposeful Hire Inc., offered her tips at BLR’s Strategic HR Summit, […]
Succession Planning 2012—All About the Brain Drain
We can’t avoid a simple fact—We’re dealing with an aging workforce. For example, the Bureau of Labor Statistics reports that over one-third of the civilian employees working for the federal government are eligible for retirement. The same situation exists, but to a somewhat lesser degree, in the workforce as a whole. Companies can’t duck the […]
Getting Started with Succession Planning
Question and answer session with Hal Adler Q: Why is succession planning so important in a tough economy? Hal: Look at it this way. We’ve seen dramatic rebounds in the stock market. This thing could turn around as fast as it got here, but regardless of how long it takes, employers don’t want to be […]