Succession Planning
Learning and development may do the most to accelerate the next generational leaders, but it is difficult to know where to focus an organization’s investment without proper succession planning processes. However, in a joint initiative by IBM and American Society of Training and Development in the summer of 2006, they surveyed 239 learning executives, 83 percent of whom resided in the United States, and found that “…just over one-quarter of companies has plans in place to address positions that are potentially at risk due to a maturing workforce…these statistics suggest that many organizations remain unprepared.”1 In a similar study, Achieve Global surveyed “144 respondents with the title of vice president or higher ...
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