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Strategic Workforce & Succession Planning

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.

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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.