The Talent Management Handbook: Creating a Sustainable Competitive Advantage by Selecting, Developing, and Promoting the Best People, 2nd Edition

Chapter 11Integrating Succession Planning and Career Planning

William J. Rothwell, Ph.D., SPHRProfessor of Workforce Education and DevelopmentDepartment of Learning and Performance Systems, College of EducationThe Pennsylvania State University, University Park

AS THIS CHAPTER GOES TO PRESS, THE U.S. ECONOMY REMAINS IN THE THROES OF WHAT some economists call the worst downturn since the Great Depression. Unemployment rates are nominally around 10 percent, though experts note that the official unemployment rate does not include discouraged workers who have given up on finding jobs, the underemployed, and those who are working part-time. The college graduates of 2010 face the toughest job market in many years (Yousuf 2009). Despite the economy, ...