Succession planning is a process of identifying key positions within an organization to ensure employees are recruited, discovered, and developed to fill positions within your workplace. Most people view this as a Human Resources department problem, but it impacts all areas of an organization. Currently 55 percent of organizations do not have a formal succession planning program in place! Whether your workplace is large or small, you cannot afford to let your prime talent walk out the door.
On Monday, June 4th, Kelley Bruns presented the web seminar “The Top 5 Problems with Succession Planning.” Kelley reviewed the basics of succession planning, identifying the top 5 problems to avoid. She also discussed how to be part of the workplaces that have successfully retained up to 98 percent of their workforce and experienced a recruitment success rate of up to 80 percent.
Listen to the recording of it in its entirety by clicking View Event Recordings (at the top right).