Effective Succession Planning

Effective Succession Planning

Author: William Rothwell

Publisher: AMACOM

Published: 2010-04-21

Total Pages: 491

ISBN-13: 0814414176

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William Rothwell honored with the ASTD Distinguished Contribution Award in Workplace Learning and Performance. The definitive guide to a timely and timeless topic-- now fully revised and updated. As baby boomers continue to retire en masse from executive suites, managerial offices, and specialized or technical jobs, the question is—who will take their places? This loss of valuable institutional memory has made it apparent that no organization can afford to be without a strong succession program. Now in its fourth edition, Effective Succession Planning provides the tools organizations need to establish, revitalize, or revise their own succession planning and management (SP&M) programs. The book has been fully updated to address challenges brought on by sea changes such as globalization, recession, technology, and the aftereffects of the terror attacks. It features new sections on identifying and assessing competencies and future needs; management vs. technical succession planning; and ethics and conduct; and new chapters on integrating recruitment and retention strategies with succession planning programs. This edition incorporates the results of two extensive new surveys, and includes a Quick Start guide to help begin immediate implementation as well as a CD-ROM packed with assessments, checklists, customizable guides, and other practical tools.


Succession Planning of an Executive Level Position in Midsize Local Government Organization

Succession Planning of an Executive Level Position in Midsize Local Government Organization

Author: Ripon Bhatia

Publisher:

Published: 2019

Total Pages: 69

ISBN-13:

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Local governments are facing difficult times to find good candidates to fill their vacancies in every job category. The challenges these agencies are facing are due to various reasons including but not limited to the retirements of Baby Boomers and less motivation of the new millennial generation to enter into the public sector. Historically, government employees have careers with long tenures (Schall, 1997). Long tenures of employees have resulted in stagnancy in the position movements. In recent times, it is difficult to find qualified people who are motivated and experienced to perform key management roles. Key positions that remain unfilled for long periods create an imbalance of work duties, stress, and other issues within the organization. Most businesses have plans to fill these key roles immediately to have functional organizations. However, local governments lack such planning efforts. The literature review has shown that the public sector is not as advanced as their private sector counterparts in the succession planning (Wilkerson, 2007). This project report sheds light on some of the challenges employers face in implementing succession planning. The study reviews succession planning cases that have been implemented successfully at workplaces in both public and private sectors. The study also provides recommendations for succession planning for key management positions within a midsize local government.


Succession Planning

Succession Planning

Author: Pamela A. Gordon

Publisher: Springer

Published: 2018-03-07

Total Pages: 254

ISBN-13: 3319725327

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This book examines current research related to succession planning strategies and tactics. The authors compare and contrast the rationale and processes needed for effective and efficient succession planning. This is a comprehensive endeavor exploring succession planning across today’s key disciplines: business, education, and healthcare. Succession planning is examined from the commercial, government, and non-profit lens. The book features active research, broad literature reviews, and examines conceptual frameworks. From this valuable contribution to succession planning research, readers will receive a thorough assessment of the theoretical foundations of succession planning and ethical considerations for sustainable leadership.


Effective Succession Planning

Effective Succession Planning

Author: William J. Rothwell

Publisher: Amacom Books

Published: 2005

Total Pages: 446

ISBN-13: 9780814408421

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The most admired book on systematic succession planning...now updated and expanded.


Succession Planning Demystified

Succession Planning Demystified

Author: Wendy Hirsh

Publisher:

Published: 2000

Total Pages: 66

ISBN-13: 9781851843022

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This book, which is designed for human resource (HR) practitioners, details the principles and applications of succession planning, shows how succession planning is conducted, and explains its place in relation to other HR processes and business priorities. The introduction describes the book's intended audience and provides a brief overview of the book's contents. Section 2 includes the following items: (1) definition of succession planning (the process by which one or more successors are identified for key posts and career moves and/or development activities are planned for the identified successors); (2) list of things organizations want from succession planning (improved job filling, active development of longer-term successors, auditing of the organization's talent pool, and fostering a corporate culture); and (3) key linkages between succession planning and other business strategies. The following are among the topics discussed in sections 3-7: (1) the mechanics of succession planning; (2) succession and HR strategy; (3) integration of succession with assessment, job filling, organizational development, and individual employees' development; (4) supporting and embedding succession; and (5) determining whether succession planning is meeting the challenge. Section 8 presents 13 practical tips for implementing succession planning. Case examples from published studies are appended. The bibliography lists 35 references. (MN)


Effective Succession Planning

Effective Succession Planning

Author: William J. Rothwell

Publisher: Amacom

Published: 2015-10-27

Total Pages: 512

ISBN-13: 9780814449158

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Organizations that don't take steps to address future talent needs at all levels will face certain disruptions, and even disasters, when key employees leave. The most comprehensive book on the subject, Effective Succession Planning helps readers: Identify competencies and clarify organizational values * Plan for and quickly fill crucial vacancies at all levels * Develop and retain top talent, building and preserving the organization's intellectual capital * Assess current needs and future resources for seamless succession planning * And more Covering best practices, current trends, and the latest technology, the fifth edition also features new and revised material on: succession planning for small businesses and nonprofits; replacement planning; transition management; downsizing; international issues; mergers and acquisitions as a talent strategy; and succession planning for technical positions as well as roles built on longstanding social relationships. Packed with enlightening case studies and practical guidance, Effective Succession Planning remains an indispensable resource for any organization concerned with retaining the accumulated wisdom of its most valued employees.


Effective Succession Planning

Effective Succession Planning

Author: William J. Rothwell

Publisher: Amacom Books

Published: 2010

Total Pages: 448

ISBN-13: 9780814414163

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Updated and expanded to reflect the latest trends and best practices, a guide to succession management contains 20 percent new material, including chapters on recruitment and retention, as well as updated references and research, in a book that includes a CD-ROM filled with worksheets and assessment tools.


Career Planning and Succession Management

Career Planning and Succession Management

Author: William J. Rothwell

Publisher: Bloomsbury Publishing USA

Published: 2015-06-30

Total Pages: 333

ISBN-13: 144083167X

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This timely guide explains how businesses can effectively integrate and coordinate career and succession planning programs to meet the personnel demands of the future. Drawing on their experience and expertise with workforce development, the authors of this book based its content on a single but important premise. With global economic instability, a slowdown in workforce growth, extraordinary competition for the best talent, and the rapid advance of technology, there is an immediate need to integrate career and succession planning programs. Explaining how to do just that, this practical, user-friendly guide is the first to link those critical business tools, showing readers how to prepare for tomorrow—and the many years after. The book presents a systematic approach through which businesses can integrate and coordinate career planning and succession planning programs. Part One makes the business case for moving beyond segregated career and succession planning and shows why they must be integrated. Part Two offers foundations for integration, while Part Three outlines the strategies that can make integration a reality. Part Four addresses the future of career development and succession planning. Other topics include the future of organizational infrastructure and the implications of a diverse workforce. Employee engagement and leadership development are also explored.


Succession Planning for Small and Family Businesses

Succession Planning for Small and Family Businesses

Author: William J. Rothwell

Publisher: CRC Press

Published: 2022-10-04

Total Pages: 187

ISBN-13: 1000728358

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Who will lead your organization into the future? Have you created the systems to properly implement required succession transitions? Have you put the financial tools in place to fund the transition? Do you want a plan that connects with your personal and company core values? When do you include timely planning related to strategy and talent issues? What are the appropriate communication strategies for sharing your plan? What legal issues need consideration related to the strategy, financial, and people aspects of succession? So, what is preventing you from starting this effort tomorrow? Small and family businesses are the bedrock of all businesses. More people are employed by small and family-owned businesses than by all multinational companies combined. Yet the research on small and family businesses is bleak: fewer than one-third of small business owners in the United States can afford to retire. Only 40% of small businesses have a workable disaster plan in case of the sudden death or disability of the owner, and only 42% of small businesses in the United States have a succession plan. Fewer than 11% of family-owned businesses make it to the third generation beyond the founder. Lack of succession planning is the second most common reason for small business failure. Many organizations often wonder where to start and what to do. Succession Planning for Small and Family Businesses: Navigating Successful Transitions presents a comprehensive approach to guiding such efforts. Small and family-owned businesses rarely employ first-rate, well-qualified talent in human resources. More typically, business owners must be jacks-of-all-trades and serve as their own accountants, lawyers, business consultants, marketing experts, and HR wizards. Unfortunately, that does not always work well when business owners embark on planning for retirement or business exits. To help business owners avert problems, this book advises on some of the management, tax and financial, legal, and psychological issues that should be considered when planning retirement or other exits from the business. This comprehensive approach is unique when compared to the books, articles, and other literature that currently exist on the market. This book takes on a bold and integrated approach. Relevant research combined with the rich experiences of the authors connects this thorough, evidence-based approach to action-based approaches for the reader.