This white paper provides a starting point to help decision-makers and HR practitioners alike contemplate the ins and outs of a practical succession planning program.
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White Paper: 10 Key Steps to Effective Succession Planning
1. 10 Key Steps to Effective
Succession Planning
White paper by William J. Rothwell, Ph.D., SPHR
2. The world faces a quiet
crisis of succession.
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An aging workforce and a skills shortfall
are driving some organizations to take
succession planning more seriously.
3. • One in five of all senior executives in the
Fortune 500 is eligible for retirement now.
• About 50% of the entire U.S. government
workforce is eligible to retire now.
• 55% of today’s registered nurses can be
expected to retire between 2011 and 2020
The changing workforce
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4. Equally threatening is the current
difficulty in finding qualified hires.
Recent Manpower studies have
found that 44% of employers are
experiencing difficulty today finding
employees with the right skills.
[Source: Manpower, Talent Shortage Survey (p.2)]
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5. Is your organization ready for the future?
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As the global workforce ages and the
skills gap increases, increasing
attention will be paid to establishing
and maintaining effective succession
planning programs.
CEOs, managers, human resource
practitioners and even individuals
have important roles to play in that
effort.
6. There is a practical approach to the
work that must be done if
organizations are to establish and
sustain systematic efforts to ensure
that the right people will be in the
right places and at the right times to
do the right things so as to achieve
the right results.
Is your organization ready for the future?
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7. This white paper by expert
Dr. William J. Rothwell, provides a
starting point to help decision-
makers and HR practitioners alike
contemplate the ins and outs of a
practical succession planning
program, including…
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8. A step-by-step model to
establish and maintain a
systematic succession
planning program.
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9. The 10 key steps to effective
succession planning
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10. • You’ll get the answers to some essential
questions.
Plus…
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11. What is succession planning, and
why is it needed?
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12. Get the full paper:
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When do you know that your
organization needs a succession
planning and management
program?
13. Get the full paper:
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What are talent pools, and how
are they used?
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What common mistakes are
made in establishing succession
planning, and how can they be
avoided?
15. Discover the answers to these
questions and more…
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16. Read the paper:
Ten Key Steps to Effective
Succession Planning
Author: By William J. Rothwell, Ph.D., SPHR
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Find out how your succession planning
strategy stacks up. Take this assessment
from leading succession expert
Dr. William Rothwell.