10 Key Steps to Effective Succession PlanningWhite paper by William J. Rothwell, Ph.D., SPHR

The world faces a quiet crisis of succession.

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An aging workforce and a skills shortfall are driving some organizations to take

succession planning more seriously.

• One in five of all senior executives in the Fortune 500 is eligible for retirement now.

• About 50% of the entire U.S. government workforce is eligible to retire now.

• 55% of today’s registered nurses can be expected to retire between 2011 and 2020

The changing workforce

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Equally threatening is the current difficulty in finding qualified hires.

Recent Manpower studies have found that 44% of employers are

experiencing difficulty today finding employees with the right skills.

[Source: Manpower, Talent Shortage Survey (p.2)]

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Is your organization ready for the future?

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As the global workforce ages and the skills gap increases, increasing

attention will be paid to establishing and maintaining effective succession planning programs. CEOs, managers,

human resource practitioners and even individuals have important roles

to play in that effort.

There is a practical approach to the work that must be done if

organizations are to establish and sustain systematic efforts to ensure that the right people will be in the

right places and at the right times to do the right things so as to achieve

the right results.

Is your organization ready for the future?

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This white paper by expert Dr. William J. Rothwell, provides a

starting point to help decision-makers and HR practitioners alike contemplate the ins and outs of a

practical succession planning program, including…

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A step-by-step model to establish and maintain a systematic succession

planning program.

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The 10 key steps to effective succession planning

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• You’ll get the answers to some essential questions.

Plus…

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What is succession planning, and why is it needed?

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When do you know that your organization needs a succession

planning and management program?

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What are talent pools, and how are they used?

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What common mistakes are made in establishing succession planning, and how can they be

avoided?

Discover the answers to these questions and more…

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Read the paper:Ten Key Steps to Effective Succession Planning Author: By William J. Rothwell, Ph.D., SPHR

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Find out how your succession planning strategy stacks up. Take this assessment from leading succession expert Dr. William Rothwell.