Business Succession Planning For Dummies
By Arnold Dahlke
Publisher: Wiley / For Dummies
Final Release Date: March 2012
Pages: 288

The fast and easy way to get a handle on business succession planning

Need to cultivate and retain existing employees for leadership roles in the future? Easy. In plain English, this friendly guide shows managers and human resources staff how to develop a working succession plan and train personnel for a more seamless transition — all while saving time, money, knowledge, and clients by hiring from within.

  • Sounds like a plan — grasp the importance of having a well-developed succession plan — and the consequences of not having one — and find the plan that's best for your business

  • Full steam ahead — build your succession-planning team, establish the specific goals of your plan, implement your plan, and handle obstacles along the way

  • It's all in the details — find out how to determine the competencies needed for key positions and develop the skills of potential successors within your organization

  • Keep the ball rolling — discover how to evaluate and maintain a succession plan that adapts to changes in your organization, the marketplace, the economy, and society at large

Open the book and find:

  • The core components of a succession plan

  • Why succession planning matters

  • Advice on pinpointing the right plan for your organization

  • How to plan for unexpected and predictable departures

  • Ways to cope with people and process obstacles

  • Tips for identifying, preparing, and training internal talent

  • How to make yours a smooth transition

Learn to:

  • Develop a smooth working succession plan

  • Retain and train personnel for a seamless transition

  • Save time, money, knowledge, and clients by hiring from within

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