Whether it’s the “Great Resignation” or a result of people rethinking their career choices following the COVID-19 pandemic, companies in every industry are struggling with succession plans. According to the Bureau of Labor Statistics, by next year one-third of America’s workforce will be older than 65.
The time has come to make sure you have a succession plan in place. tED magazine’s Special Report for February tackles the subject from a number of angles. In addition, Brian Clapp, President of CCI Consulting, joined the “DistributED with tED magazine” podcast to talk about your succession plan, why it is more important now than ever before, and how you can continuously measure if your succession plan is working.
You can check out the services CCI Consulting can offer you at www.cciconsulting.com.
You can read the Special Report on succession planning in the digital edition of tED magazine by clicking this link.
This is part 1 of a two-part podcast with Brian Clapp on succession planning. Part 2 examines the effort to hire your next executive from a competitor, and “hope is not a strategy”.
Tagged with best practices, DistributED, podcast, succession plan