SUCCESSION planning guide INTRODUCTION While all employees contribute to an organization’s success, some positions are more critical
The loss of employees in these positions can be devastating
These positions are called key positions, as they are the key to an organization’s success
Unfortunately, you can expect increased turnover among employees in these positions over the next few years, as many of these employees are approaching the ends of their careers
As they possess critical knowledge and skills that you can ill afford to be without for long periods of time, planning must occur to ensure that employees are prepared to replace them when they leave
This planning effort is called succession planning
Predicted labor market shortages in many occupational areas increase the critical