Succession Planning for Today’s Work World

Download or read book Succession Planning for Today’s Work World written by Annette Cremo and published by American Society for Training and Development. This book was released on 2024-02-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: While succession planning is common in many companies, they often misapply or misunderstand the concept, leading to organizational challenges. Further, a lack of succession planning can destroy the essence of an organization. In this issue of TD at Work, Annette Cremo and Tom Bux explain: What a succession plan is, along with its benefits and challenges What succession planning looks like in practice What competencies, behaviors, and skills companies should grow Various ways employers can offer development opportunities The Tools & Resources in this issue are a set of Mentoring Intake Process Forms, a Stretch Assignment Tasks and Responsibilities Template, and a Mentor-Mentee Agreement.