A recent survey shows that 35-40% of US employees plan to change jobs within the next 12 months. How will that impact your business?
Are you prepared for the chaos of replacing 2 out of every 5 employees? A memory drain occurs when top performers leave or retire. Some will be key employees and top salespeople. And customers often leave with them.
When “what if?” becomes “now what?” – will you be prepared by having the right people in place with the right skills at every key position?
In ‘the old days’, organizations did something called ‘succession planning.’ In this process, a ‘successor’ or heir apparent to a key employee (CEO, founder or other high-level company executive) was identified and then ’groomed’ to step into the leader’s position when they decided to depart into a peaceful retirement after a long, successful career with the firm. And everyone lived happily ever after. That doesn’t work anymore.
Talent management has replaced succession planning.
To ensure your company’s long-term success, every key employee must have a development plan that matches them with the duties and responsibilities that will maximize their performance, employee morale, and company success – both now and throughout their career.
We can help you every step of the way. Contact us today for a free consultation.
Download our brochure “Building Your Long Term People Strategy: Succession Planning That Works“ for more information on how to build a high-performing team right now that will meet the need of your business tomorrow.
The Executive’s Guide to
Strategic Workforce Planning
Strategic workforce planning is a process that ensures your business has the right people in the right jobs at the right time to achieve your expected results. This report explores six steps of strategic workforce planning and offers some advice for achieving results.
Download the full report »