Integrating Retentionwith Succession Planning
Retention is logically related to succession planning. Few organizational leaders want to invest substantial time, money, and effort to recruit, select, orient, and develop their most productive and promotable people—only to see them lured away by other employers, or hijacked, a colorful and popular term in Asia.
According to a 2007 HR Priorities Survey from ORC Worldwide1 an HR consulting and data services firm, nearly 62 percent of respondents to the survey opined that talent management was the most pressing strategic issue they faced in that year. The findings of the survey also indicated ...