Book description
Don’t wait for a crisis. Maintain business continuity with a succession plan.
One hundred percent of top global companies—and 72 percent of all companies—have a formal succession planning process. If your company is in the minority, a move in the right direction is easier than you may think. Authored by talent development experts Wanda Piña-Ramírez and Norma Dávila, this workbook highlights the importance of knowledge transfer in a time of fierce competition for talent, an aging workforce, and a critical shortage of people with the right set of skills.
Indispensable for the CEO as well as the small business owner, Passing the Torch presents stories from the boardroom to the family-owned bakery, and from the car dealership to the beach resort hotel. This is a book for all with a stake in maintaining the livelihood of a business and contains templates to guide you through the seven steps of the succession planning life cycle.
In this book, you will learn:
why all companies, regardless of industry or size, must create a succession plan
how to create a business case to guide your company through the succession planning life cycle
how to identify key positions and retain key people in your company
Table of contents
- Cover
- Title Page
- Copyright
- Dedication
- Contents
- Foreword
- Preface
- Acknowledgments
- 1 Introduction to Succession Planning
- 2 Organizational Assessment
- 3 Making the Business Case
- 4 Communication
- 5 Key Positions and Key Candidates’ Blueprint
- 6 Talent Review
- 7 Successor Development and Knowledge Management
- 8 Metrics and Evaluation
- 9 When Succession Planning Goes Wrong
- Appendix: Guiding Questions to Learn About the Business
- References
- About the Authors
- Index
Product information
- Title: Passing the Torch: A Guide to the Succession Planning Process
- Author(s):
- Release date: June 2015
- Publisher(s): Association for Talent Development
- ISBN: 9781607282785
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