Talk:Succession plan

A caution for the current wave of "succession planinng" panic setting in because government and business is facing the challenge of how many "baby boomers" might leave their employment soon. Traditional succession planning has focused on charts with names of potential temporary or permanent successors for a key vacancy. This is good thinking for the most part. However, it is not as robust an investment as a progressive 21st Century enterprise should be making. "Leadership succession," a more recent evolution of traditional succession planning, focuses on an enterprise-wide development of leaders at all levels so that the organization can be confident a ready pool of talent is being readied to compete for positions that might come open. Rather than focusing only on "replacement" (succession) and targeting a limited one or two names, leadership succession invites many to identify their interest in possible moving up and become involved in leadership development to prepare. This process is more inclusive (read fair) and if done right becomes an accelerator for organizational success. Les Wallace, SignatureResources.com