Passing the Torch: A Guide to the Succession Planning Process

PREFACE

As talent professionals, we hear about the war for talent. We hear about the aging workforce. We hear about companies not having the people with the right set of skills in place. We hear about preparing upcoming generations for jobs that do not exist yet. We hear about knowledge transfer, or more often, lack of it. We hear about unexpected vacancies. In one way or another, whether or not we call it by its name, we hear about the need for succession planning.

Succession planning is, ultimately, about business continuity. With an ever-changing business landscape, including workforces distributed around the globe and frequent mergers and acquisitions, tenures in different positions are becoming shorter and the expectations for results are ...