Skills Development, Succession Planning

Paper details:
Scenario: The local electric utility company has recently conducted an assessment, which identified that 25% of the workforce will be eligible to retire in the next 5-10 years, these workers include front line staff and many department managers/supervisors. The Talent Management Department has been tasked to provide the HR VP information on succession management.
Deliverable:
Identify the value of having succession management and impact it would have towards the issue of 25% of the workforce retiring in the next 5-10 years.
Provide at least 3 recommendations that the organization can incorporate into a succession management plan or program.
These papers should be 2-3 pages and written in APA format. A Title Page and Reference Page should be included and does not count towards the 2-3-page requirement. Your paper should include page headers and page numbers, section labels, double-spaced, and use a 12-point Arial or Times New Roman font. All papers should be written using good grammar and supported with reference to the textbook, class lectures, or other scholarly articles. Remember: papers include an introduction, body content, and conclusion.

Some Reference

Using the Nine Box for Succession Planning – A 3-Minute Crash Course

Why Succession Planning is essential: The Case of the Runaway Talent
http://www.youtube.com/watch?v=GZ8C3ie0drw

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