succession planning

 by Patrick Allen, Vice President of Strategy and Development Succession planning is the process in which valuable insights, knowledge, and skills are captured from outgoing employees and shared [...]

Janet began at your company in an entry-level accounting position 20 years ago.  When new computer technology was adopted in her department, she took an active part of the transition, working [...]

Succession planning is an essential part of sustainable business practices, but only a minority of businesses actually have an active succession plan.  Even a business with a succession plan may [...]

In 2004, a study of 240 organizations was conducted by TalentKeepers, who found that the greatest impact of employee turnover was lost knowledge – not profitability!  Lost knowledge had [...]

More than half of companies today cannot name a successor to their CEO should the need arise.  A study conducted by the Canadian Financial Executives Research Foundation (CFERF) found that, [...]

A successful succession plan doesn’t start with an employee exit – it starts now.  As the Chinese proverb goes, “The best time to plant a tree was 20 years ago; the second best time is today.”  [...]

Let’s face it.  Leadership change is inevitable.  With the baby boom generation – a whopping 29% of the Canadian population, according to Statistics Canada – reaching retirement age, a [...]

In a world of tentative financial markets, mass retirements, labour shortages, and government cuts, succession planning has quickly become a buzz word in many industries. Even if you are familiar [...]

Human resource challenges can affect productivity and profit. Such situations are often unique to your organization and employees and, therefore, require specialized solutions. Could a human [...]

The Canadian labour shortage in specialized skills has been a pressing concern for some time now. Employers are constantly on the lookout for people with the right skills to fill essential [...]