The keys to discovering who will take your organization to the next level
The hot topic at water coolers these days is: "Who's retiring now? And who's taking their place?"
That's not a surprise. In 2006, the oldest of the baby boomers will turn 60, which will mean big changes in the workplace. According to the U.S. Department of Labor, baby boomers will reach the traditional retirement age of 65 between 2011 and 2029, and "their retirements will dramatically affect the workforce of the future."
Even though this a reality, too many executive teams are neglecting to have thoughtful discussions about their leadership pipelines. The question they should be asking is: Who is capable of guiding our organization into the future?
Forward-thinking organizations know that they need leaders and a leadership succession plan that deliver results. Most succession plans are devised with good intentions, but few have the right criteria and measurements in place to deliver those results.
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