Business Succession Planning For Dummies
The fast and easy way to get a handle on business succession planningNeed to cultivate and retain existing employees for leadership roles in the future? Easy. In plain English, this friendly guide shows managers and human resources staff how to develop a working succession plan and train personnel for a more seamless transition — all while saving time, money, knowledge, and clients by hiring from within.Sounds like a plan — grasp the importance of having a well-developed succession plan — and the consequences of not having one — and find the plan that's best for your businessFull steam ahead — build your succession-planning team, establish the specific goals of your plan, implement your plan, and handle obstacles along the wayIt's all in the details — find out how to determine the competencies needed for key positions and develop the skills of potential successors within your organizationKeep the ball rolling — discover how to evaluate and maintain a succession plan that adapts to changes in your organization, the marketplace, the economy, and society at largeOpen the book and find:The core components of a succession planWhy succession planning mattersAdvice on pinpointing the right plan for your organizationHow to plan for unexpected and predictable departuresWays to cope with people and process obstaclesTips for identifying, preparing, and training internal talentHow to make yours a smooth transitionLearn to:Develop a smooth working succession planRetain and train personnel for a seamless transitionSave time, money, knowledge, and clients by hiring from within