A recent survey indicates that 35-40% of US workers plan to change jobs in the next 12 months. Are you prepared to replace two out of every 5 people, especially if they are your key employees or top-performing salespeople?
Every one of your key employees will leave your organization at some point. A memory drain occurs when top performers leave or retire. When salespeople leave, customers often leave with them.
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. When “what if?” becomes “now what?” – you can already have the right people in place with the right skills at every key position.
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 maximize their performance, employee morale, and company success – both today and in their future career.
We can help you every step of the way. Call us today for a free consultation.
Download our brochure “Building Your People Strategy: Creating a Succession Plan that Works” for more information about talent management consulting that helps you plan and prepare for your organization’s continued success.