131x Filetype PPTX File size 0.36 MB Source: efc.syr.edu
Agenda •What is Succession Planning? •Why is it important? •How do we do it? •Case Study Houston, we’ve got a problem. Crisis Background •78 million Baby Boomers turning 65 in 20 years •16% of workforce is over 55. •25% over 55 by 2020. •Retiring en-masse. •Insufficient replacements available. Employees Leave – They always do •Preparation for that day is Succession Planning •I understand that most of you are from relatively small organizations. •I’m going to lay out the “traditional” approach that large organizations typically use and then come at it with a modified approach that tries to account for the needs/constraints of smaller organizations. •Disclaimer
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