Succession Planning
Total turnover rates average 10% to 30% in various US industries. On top of that, the Baby Boomers are well into retirement age, and there are 76 million of them. Is your organization prepared for this shift in talent?
The effective management of talent is not an accident. Successful organizations determine talent needs based on an analysis of their strategic plan and prepare a talent strategy. This strategy outlines the steps to ensure that the right individuals are in the right positions at the right time, with the right skills, and the right motivation. This process is succession planning.
Each organization has unique talent requirements. AE offers a range of services that helps organizations tailor the succession planning best practices to satisfy both short and long term business needs.
The succession planning services are:
- A complete set of tested succession planning tools, assessments, and templates
- An assessment of an organization’s current succession planning policies and procedures and recommendations to close any talent gap
- Consultation in designing a succession plan
- On going consultation to assist an organization in implementing a succession plan