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Succession Planning Demystified
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Book Synopsis Succession Planning Demystified by : Wendy Hirsh
Download or read book Succession Planning Demystified written by Wendy Hirsh and published by . This book was released on 2000 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, which is designed for human resource (HR) practitioners, details the principles and applications of succession planning, shows how succession planning is conducted, and explains its place in relation to other HR processes and business priorities. The introduction describes the book's intended audience and provides a brief overview of the book's contents. Section 2 includes the following items: (1) definition of succession planning (the process by which one or more successors are identified for key posts and career moves and/or development activities are planned for the identified successors); (2) list of things organizations want from succession planning (improved job filling, active development of longer-term successors, auditing of the organization's talent pool, and fostering a corporate culture); and (3) key linkages between succession planning and other business strategies. The following are among the topics discussed in sections 3-7: (1) the mechanics of succession planning; (2) succession and HR strategy; (3) integration of succession with assessment, job filling, organizational development, and individual employees' development; (4) supporting and embedding succession; and (5) determining whether succession planning is meeting the challenge. Section 8 presents 13 practical tips for implementing succession planning. Case examples from published studies are appended. The bibliography lists 35 references. (MN)
Book Synopsis Business Succession Planning For Dummies by : Arnold Dahlke
Download or read book Business Succession Planning For Dummies written by Arnold Dahlke and published by John Wiley & Sons. This book was released on 2012-04-10 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fast and easy way to get a handle on business succession planning While the demand for effective managers continues to grow, the retirement of baby boomers is producing a sharp decline in the ranks of available management personnel. In addition, the executives of the future are expected to be more sophisticated in order to develop and lead new global and technological initiatives. For these reasons, strategic and often long-sighted succession planning for the eventual replacement of managers at all levels has reached a critical level. Business Succession Planning For Dummies aids managers, human resource professionals, and upper management in cultivating and retaining their existing employees to ensure the availability and capability of persons to assume leadership roles in the future. In plain English, it prepares business owners to ask the difficult questions when it comes to developing a working succession plan for their businesses key positions. This book also offers information on how to retain and train personnel within an organization so that a more seamless transition can be made when a senior leader or other important personnel retires or leaves the organization. How to retain and train personnel for a more seamless transition Easy-to-follow guidance on developing a working succession plan Tips to create a plan to save time, money, knowledge, and clients by hiring from within If you're a manager or human resources professional looking to develop a working succession plan, this hands-on, friendly guide has you covered.
Book Synopsis Securing the Future, Volume 1 by : William Reeb
Download or read book Securing the Future, Volume 1 written by William Reeb and published by John Wiley & Sons. This book was released on 2016-11-21 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is your firm poised for long-term success and viability? Do you even know what that looks like for your firm? The reality is that most CPA firms have their work cut out for them if they want exiting partners to retire comfortably and future leaders to flourish. In the new edition of this popular book and its companion workbook, Reeb and Cingoranelli impart the same no-nonsense advice on succession planning and management that they share with their clients, providing you with the benefits of their years of experience, research, and methodologies. Volume 1 covers fundamental succession and management concepts to ensure that every partner and manager is on the same page and working toward a shared vision. After reading this book you will be able to: Take steps to maximize your firm’s value Shore up your business strategy and operations Remove personal preferences and entitlements from partner discussions Build a strong partner group Ensure your firm survives the departure of key people by creating or improving your succession plan, and more!
Book Synopsis Effective Succession Planning by : William Rothwell
Download or read book Effective Succession Planning written by William Rothwell and published by AMACOM. This book was released on 2010-04-21 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: William Rothwell honored with the ASTD Distinguished Contribution Award in Workplace Learning and Performance. The definitive guide to a timely and timeless topic-- now fully revised and updated. As baby boomers continue to retire en masse from executive suites, managerial offices, and specialized or technical jobs, the question is—who will take their places? This loss of valuable institutional memory has made it apparent that no organization can afford to be without a strong succession program. Now in its fourth edition, Effective Succession Planning provides the tools organizations need to establish, revitalize, or revise their own succession planning and management (SP&M) programs. The book has been fully updated to address challenges brought on by sea changes such as globalization, recession, technology, and the aftereffects of the terror attacks. It features new sections on identifying and assessing competencies and future needs; management vs. technical succession planning; and ethics and conduct; and new chapters on integrating recruitment and retention strategies with succession planning programs. This edition incorporates the results of two extensive new surveys, and includes a Quick Start guide to help begin immediate implementation as well as a CD-ROM packed with assessments, checklists, customizable guides, and other practical tools.
Book Synopsis Business Succession Planning by : Mohammad Aljeemaz
Download or read book Business Succession Planning written by Mohammad Aljeemaz and published by Mohammad Aljeemaz. This book was released on with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business succession planning is an ongoing process that identifies necessary competencies, then works to assess, develop, and retain a talent pool of employees, in order to ensure a continuity of leadership for all critical positions. Succession planning is a specific strategy, which spells out the particular steps to be followed to achieve the mission, goals, and initiatives identified in workforce planning. It is a plan that managers can follow, implement, and customize to meet the needs of their organization.
Book Synopsis Passing the Torch by : Wanda Pina-Ramirez
Download or read book Passing the Torch written by Wanda Pina-Ramirez and published by Association for Talent Development. This book was released on 2015-05-22 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Don’t wait for a crisis. Maintain business continuity with a succession plan. One hundred percent of top global companies—and 72 percent of all companies—have a formal succession planning process. If your company is in the minority, a move in the right direction is easier than you may think. Authored by talent development experts Wanda Piña-Ramírez and Norma Dávila, this workbook highlights the importance of knowledge transfer in a time of fierce competition for talent, an aging workforce, and a critical shortage of people with the right set of skills. Indispensable for the CEO as well as the small business owner, Passing the Torch presents stories from the boardroom to the family-owned bakery, and from the car dealership to the beach resort hotel. This is a book for all with a stake in maintaining the livelihood of a business and contains templates to guide you through the seven steps of the succession planning life cycle. In this book, you will learn: why all companies, regardless of industry or size, must create a succession plan how to create a business case to guide your company through the succession planning life cycle how to identify key positions and retain key people in your company
Book Synopsis Succession Planning Basics, 2nd Edition by : Christee Atwood
Download or read book Succession Planning Basics, 2nd Edition written by Christee Atwood and published by Association for Talent Development. This book was released on 2020-03-10 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Design your succession planning strategy. Succession Planning Basics will equip you with the background and implementation tools you need to devise and execute a forward-thinking succession planning program for your organization. It offers theory, processes, and best practices for organizations embarking on a succession-planning project, addressing the basic concepts and steps for success. This book is for management professionals considering succession planning for their organizations, organizational development professionals at the beginning of their careers, human resources professionals wanting to move away from replacement hiring, and trainers needing a basic understanding of succession planning for employee development plans. This second edition looks closer at tools and new developments in software that can streamline planning efforts as well as updated best practices and considerations for addressing the needs of every generation when creating succession plans. Chapters include assessment tools, exercises, and job aids. Succession Planning Basics is part of ATD’s Training Basics series.
Book Synopsis Succession Planning That Works by : Michael Timms
Download or read book Succession Planning That Works written by Michael Timms and published by FriesenPress. This book was released on 2016-04-07 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many attempts to establish a succession plan fail. Why? They run up against insurmountable implementation challenges, or weak executive commitment and follow-through. Succession Planning That Works: The Critical Path of Leadership Development is a step-by-step guide to help HR professionals and senior leaders develop a succession plan that delivers a measurable return on investment. Based on in-depth interviews with senior executives from nearly 50 organizations, Succession Planning That Works reveals not only the most important components of effective succession planning, but also the most effective order in which to put them into practice. Packed with real-world examples, Succession Planning That Works shows how real companies have attempted to tackle succession planning issues and examines both their victories and their failures to highlight the most common pitfalls and how to avoid them. Topics include: - 13 reasons to begin succession planning now - How to calculate the ROI of promoting from within - The Succession Planning Critical Path - the most efficient and effective way to implement a succession plan - How to gain or strengthen executive buy-in for succession planning - How to measure your success Also included are 20 downloadable templates and tools to help make succession planning easier to comprehend and implement....
Book Synopsis Family Business: Practical Leadership Succession Planning by : Ronald P. Smyser
Download or read book Family Business: Practical Leadership Succession Planning written by Ronald P. Smyser and published by Abbott Press. This book was released on 2014-08-29 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Less than 15% of family businesses survive to and through the second generation of leadership. Family Business: Practical Leadership Succession Planning provides valuable insights to (1) demystify and simplify the process of succession, (2) help ensure continuing financial security for you and your family and (3) enhance the effectiveness and balance of your professional and private life. For example, you will learn: ? The fifteen key causes of leadership succession failure and how to avoid them. ? How ownership transition without a clear, practical leadership succession plan can decimate your business's chance of survival. ? The value of practical, effective delegating skills to creating a seamless leadership succession and a healthy, future business. ? How reprioritizing your professional time can enhance your leadership impact, your leadership succession, and your private life. ? What your next generation really wants but won't tell you?and what you should do. ? The issues of choosing one of your children to succeed you, and how to avoid them. ? Where and how to acquire or develop leadership candidates throughout your business, including your successor position. ? The key perils of trust funds and why you should avoid them. ? Much, much more. Whether you already have a family business or are starting one, Family Business: Practical Leadership Succession Planning is a must read.
Book Synopsis Succession Management by : ASHNIE. MUTHUSAMY
Download or read book Succession Management written by ASHNIE. MUTHUSAMY and published by KR Publishing. This book was released on 2018-03 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sound succession plan will minimise the risk of disruption (or even disaster!) during times of change within an organisation. However, implementing a well-designed succession management system, is easier said than done. It calls for a comprehensive understanding of the practice of succession planning, particularly within the context of South Africa's BEEE and employment equity policies. Succession Management is one of the most comprehensive resources on succession planning available today. In it, readers will find step-by-step guides, checklists and case studies on how to: Understand the why of succession management? Building a business case for succession How will you get there: Succession management process Succeeding at succession management Managing successor transition into vacant roles Success measures and metrics And more! This is an indispensable book for every CEO, board member, HR executive and talent manager!
Book Synopsis Who Comes Next? by : Meridith Elliott Powell
Download or read book Who Comes Next? written by Meridith Elliott Powell and published by . This book was released on 2022-04-19 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Who Comes Next? by : Meridith Elliott Powell, MBA, CSP
Download or read book Who Comes Next? written by Meridith Elliott Powell, MBA, CSP and published by Sound Wisdom. This book was released on 2022-04-19 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leaders leave. It’s inevitable. It might even happen today. Are you prepared? Every organization needs a plan for leadership succession, but few leaders know how to start the process. WHO COMES NEXT? solves that problem and easily guides you through the steps of creating a viable succession plan. The book simplifies the process and gives you the tools you need to build and activate your leadership succession. Whether you are part of a small, family business or a Fortune 500 company, you need to start now by answering the question: WHO COMES NEXT? “This book is a comprehensive look at succession planning, but with a refreshing spin that favors the practical over the theoretical. It’s applicable to any industry, and readers will benefit from action items, tools, and resources with every chapter. Succession planning has never been more critical, and this book is a must-read for any professional looking to answer the question, “Who Comes Next?” --Michael Delucchi, President and Chief Elevation Officer, The Elevate Group “Meridith and Mary are my ‘go to’ experts for succession planning, and they’ve created the definitive guide for how to build a strong succession plan. In this book, they break it down, give you a strategy, and deliver everything you need to create leadership depth at every level of your organization.” --Angela Cox Weston, President, Midwest Speakers Bureau “Succession planning goes way beyond the person at the head of the company. Depth on the bench is essential to ensure an organization’s resiliency and contingency planning.” --Eric Holloway, Captain, U.S. Navy (ret)
Book Synopsis Succession Planning Basics by : Christee Atwood
Download or read book Succession Planning Basics written by Christee Atwood and published by ASTD. This book was released on 2020-03-10 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This updated second edition of Succession Planning Basics walks you through the steps of succession planning, studies recent developments, shares best practices, and offers a closer look at tools and new succession management software. It can help you develop a plan for making succession planning a part of your organization's benefits to attract new employees and retain and develop current team members. Chapters include assessment tools, exercises, and job aids.
Book Synopsis Succession Management the “How To” Puzzle—Solved! by : Mark Caruso
Download or read book Succession Management the “How To” Puzzle—Solved! written by Mark Caruso and published by AuthorHouse. This book was released on 2014-03-18 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizations have risk management strategies and procedures in place for disaster recovery, for employee safety, for computer system outages, and more. But not all organizations have an active succession planning strategy in place, which is a risk management plan for the key talent in the organization. But consider thishow much would it benefit your organization to predict leadership openings, using data and discussions in the same way that you predict other business risks? How much would it reduce your external recruiting costs to address future leadership gaps by proactively developing your top talent, with a sense of urgency to avoid or to lessen the negative impact of a predicted leadership opening when it arrives? The truth is that eventually each employee will leave the organization. Therefore, the risk management function of succession planning is the most critical risk management function for organizational success. Effective succession planning is a process of fitting together the puzzle pieces of organizational talent needs and employee career interests, for the purpose of identifying, retaining and developing talent for business success. This book provides the strategy and the puzzle pieces you will need to plan and to implement an active and effective succession program for your organization. Succession management expert Mark Caruso has created easy-to-use plans and tools you can use to create and implement a succession strategy that achieves results and doesnt sit on a shelf. Use the interview guides and the talent meeting agendas in this book to generate rich talent discussions and to make better talent decisions. Refer to the leadership models and ideas in this book to build leadership programs that address the competency needs of your top talent and successors. Make sure you have an effective succession plan in place for the most critical important asset of your companyyour talent!
Book Synopsis Succession Planning and Management by : David Berke
Download or read book Succession Planning and Management written by David Berke and published by Center for Creative Leadership. This book was released on 2005 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of succession-related practices is to ensure that there are ready replacements for key positions in an organization so that turnover will not negatively affect the organization's performance. CCL first published an annotated bibliography on succession planning in 1995. That bibliography focused primarily on the link between succession and management development. This bibliography has a broader scope; it is an update and expansion, commensurate with the maturation of this area of practice. In addition to linkages between succession and development, we also consider representative literature on CEO succession, high potentials, and succession systems and architecture. It is hoped that those who use this bibliography will find resources that help them in conceptualizing, planning, and implementing effective succession systems in their organizations.
Book Synopsis Dynastic Planning by : Walid S. Chiniara
Download or read book Dynastic Planning written by Walid S. Chiniara and published by Business Expert Press. This book was released on 2020-05-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to be a guide to demystify the journey leading to preserving family legacy. It is based on the fact that a family business is a partnership among its members, and that the most successful family business succession plan is the one devised by the family itself. In this book, the author shares his unique experience working with hundreds of business families and next-generation family business entrepreneurs from across the world. His 7-Step MethodologyTM offers an innovative and a systemic approach to family business succession planning and related conflict management. It focuses on the importance of maintaining an open dialogue among family members, and it paves the way to a structured conversation among those interested in achieving an orderly transfer of wealth from one generation to another. The author further discusses the elements that traditionally cause tensions among partners who happen to be family members, and offers solutions that have been tried and tested over two decades and that are based on real-life examples and success stories. This text is designed for families in business who wish to start a succession planning conversation and to family business advisors invited to facilitate such a conversation.
Book Synopsis Beyond Succession Planning by : Lori Spina
Download or read book Beyond Succession Planning written by Lori Spina and published by Emerald Group Publishing. This book was released on 2021-02-08 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: James and Lori Spina illustrate how a strategic system aligns workplace transitions with the organizational vision, mission, and top level strategies to meet the needs of all stakeholders. Providing a road map for how to carry this out, they propose a cutting edge leadership style to complement this strategic approach.
