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BNET Business Dictionary
- Succession Planning
- the preparation for the replacement of one postholder by another, usually prompted by retirement or resignation. Succession planning involves preparing the new postholder before the...
- Succession Planning definition on BNET »
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- succession planning - Organisational Evolution
- This paper illustrates how and why comprehensive leadership succession planning is a necessity that should not be left solely to HR (Human Resource) but must be diligently and co-operatively crafted by the current leadership in conjunction with specialist HR advisors. This unified and strategic approach will ensure a strong positive...
- White papers
- Organisational Evolution of succession planning
- This paper illustrates how and why comprehensive leadership succession planning is a necessity that should not be left solely to HR (Human Resource) but must be diligently and co-operatively crafted by the current leadership in conjunction with specialist HR advisors. This unified and strategic approach will ensure a strong positive...
- White papers
- Federal Reserve Bank of Richmond: Amid Change, Leadership Development and succession planning Go Hand in Hand
- With several of its top executives edging closer to retirement, leadership development was an issue that gained an increasing ascendancy for the Management Committee of the Federal Reserve Bank of Richmond. The need for succession planning was the initial catalyst that led the bank to the Center for Creative Leadership....
- Case studies
- The Importance of Human Resources Audits
- Most employers have gone to tremendous expense and effort to create scores of human resources policies, practices, and procedures that comply with the law and are consistent with their organization's corporate culture. This can include, for example, employee handbooks, administrative guides for managers, performance management systems and guidebooks, succession planning...
- White papers
- Successful succession planning - Driven By Performance Management
- There are a number of areas to keep your eye on as part of your succession planning activities. Top of the list has to be that as you formulate your ideas to get those people organized to be top class performers, you need to know how they are doing, right...
- White papers 2007-01-01
- Alarm Bells Ring About succession planning
- The ongoing subprime mortgage meltdown means the drumbeat of CEOs being pushed out the door at some of the world's largest financial firms is getting faster. The struggles of these companies to find new leadership highlights an issue that's already been getting a lot of attention lately: the crisis in...
- Blog posts 2007-12-17
- What the Merrill debacle teaches us about CEO succession
- What the Merrill debacle teaches us about CEO successionCEO PersonalitiesOne big area we have to look at is the CEO personalities. Working with Fortune 500 companies for half my life, I can tell you that one big area that we as consultants fail to recognize is how important a...
- Discussion threads 2007-11-01
- Preparing for the Future
- Succession planning is preparation for the future—understanding what the future demands of the market will be and preparing the people in your organization to meet them. Many organizations find it challenging enough to meet present demands, but, in terms of people development and organic growth, such planning is critical to...
- Articles 2007-10-24
- Preparing a Succession Plan
- If you’re planning to retire from your small business in the near future, or you simply want to hand over the reins to someone else, it’s important to plan carefully for your succession. Planning will help you to protect the value of your business. As the owner-manager of a business,...
- Articles 2007-10-05
- Identifying, Managing, and Nurturing Top Talent
- Talent is an indicator of one’s capacity to learn, grow, and develop new skills for future use. It also suggests how quickly a person or organization can adapt to new challenges. In this article, “talent” is defined as a dormant or untapped quality that lies either in an individual employee...
- Articles 2007-06-27
- succession planning For Businesses
- Like many activities that do not directly contribute to the day to day running of the business (how about computer backups?), succession planning is very low down of the list of things to do. This paper explains how to transfer the business successfully. The authors don't have all the...
- White papers 2006-11-22
- Advanced succession planning: Next Generation Practices for Ensuring Your Organization's Future
- Over the past five years, the focus on succession planning in organizations has dramatically increased. WisdomNet defines succession planning as "An executive led talent planning process focused on creating a pool of high performance leaders to meet the strategic needs of the organization". It has been one of the fastest...
- White papers 2006-05-01
- Knowledge Management: Key to Georgia's succession planning Efforts
- People of all ages leave the workplace daily through voluntary or involuntary means. Moreover, the younger generation is voluntarily leaving one organization for another at a similar rate. Therefore, could the dilemma be that it is not so much about the people exiting as it is about the knowledge deficit...
- White papers 2005-09-01
- Human Capital: Selected Agencies Have Opportunities to Enhance Existing succession planning and Management Efforts
- As the federal government confronts an array of challenges in the 21st century, it must employ strategic human capital management, including succession planning, to help meet those challenges. Leading organizations go beyond a succession planning approach that focuses on replacing individuals and engage in broad, integrated succession planning and management...
- White papers 2005-06-01
- Leadership succession planning: Building Bench Strength Through Integrative Talent Management
- One of the main focus points of the March 9th HARRT Round Table was the growing disparity between the academic literature on Succession Planning (SP) and the every day challenges that Human Resource professionals face on this topic. HARRT members examined how the size and growth rate of organizations influence...
- White papers 2005-05-31
- Attitude Adjustment
- For most estate-planning advisors, business succession planning means minimizing estate taxes when transferring a family-owned business to the next generation. Unfortunately, many advisors focus on tax planning while not considering another issue of equal, if not greater, importance to the business owner. Most business owners are primarily concerned with transferring...
- White papers 2005-04-01
- Employee Retention, succession planning and Performance Management
- In today's highly competitive market for talent, most organizations have failed to develop even arudimentary infrastructure to help bind their employees to the organization. There is an enormous amount of research that has been conducted as to the reasons why employees leave organizations and of top 5 reasons, the three...
- White papers 2005-02-01
- succession planning & Future Leadership in the Media & Entertainment Industry
- Organizations often take an uninspiring path to growing top line revenues by focusing on line extensions and existing market segments. In doing so, they frequently miss a larger opportunity to create entirely new business models, markets or product categories and to position the organization for significant long-term revenue growth. Visionary...
- White papers 2005-01-24
- Performance - Based succession planning
- From the executive summary: ‘Developing direct reports is the responsibility of each and every supervisor. Succession planning provides a direct and easy-to-follow model for strategic talent management. Viewing employee development from the organizational perspective of succession planning helps to keep talent management activities focused and efficient. Performance-based succession planning puts...
- White papers 2004-07-01
- Family Business and succession planning: A Review of the Literature
- Succession planning in family business is an issue of growing importance. These enterprises generate a significant proportion of the economic activity in many countries, and a majority of these enterprises are approaching the point where business owners will most likely be making serious decisions regarding their long term future. The...
- White papers 2004-07-01
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