Four steps to effective succession planning

by Michael Gravelle, CHRP, Managing Director, The McQuaig Institute

Four Steps to Effective Succession Planning – download full article

With the number of employees approaching traditional retirement age increasing dramatically over the next decade, succession planning has found itself on the front burner for many companies.

Succession planning is the process of preparing internal staff to meet the future needs of the organisation. It also helps organisations retain their best people, because they appreciate the organisation’s investment in their development. It is sometimes referred to as succession management to reflect the ongoing nature of the process. Read more