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Category Archives: strategic planning

When An Employee Outgrew Her Job Description: A Case Study

Janet began at your company in an entry-level accounting position 20 years ago.  When new computer technology was adopted in her department, she took an active part of the transition, working closely with your IT staff to configure the new …

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Tags: skills development, strategic planning, succession planning Tagged , , ,

Five Succession Planning Mistakes You Might Be Making

Succession planning is an essential part of sustainable business practices, but only a minority of businesses actually have an active succession plan.  Even a business with a succession plan may not have all their ducks in a row.  So, whether …

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Tags: skills development, strategic planning, succession planning Tagged , , , ,

The Effect of Corporate Knowledge Loss

In 2004, a study of 240 organizations was conducted by TalentKeepers, who found that the greatest impact of employee turnover was lost knowledge – not profitability!  Lost knowledge had negatively affected a staggering 78% of the organizations. How does knowledge …

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Tags: knowledge capture, skilled labour shortage, skills development, strategic planning, succession planning, training Tagged , , , , , ,

The Consequences of Having No Succession Plan

More than half of companies today cannot name a successor to their CEO should the need arise.  A study conducted by the Canadian Financial Executives Research Foundation (CFERF) found that, “only 40% of Canadian private companies have a clear business …

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Tags: performance management, skilled labour shortage, strategic planning, succession planning Tagged , , , ,

How to Ensure a Great Transition for Your Successor AND Your Clients

A successful succession plan doesn’t start with an employee exit – it starts now.  As the Chinese proverb goes, “The best time to plant a tree was 20 years ago; the second best time is today.”  The more time you …

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What to Do When the Veteran Employee Retires

Let’s face it.  Leadership change is inevitable.  With the baby boom generation – a whopping 29% of the Canadian population, according to Statistics Canada – reaching retirement age, a significant portion of the workforce may be retiring in the next …

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Tags: skills development, skills gap, strategic planning, succession planning Tagged , , , , , , ,

Avoiding the Chopping Block: Strategic Training and Skills Development

Why are human resources and training roles in organizations often seen as cost centers rather than critical drivers of organizational success? Why is training first on the chopping block when organizations look for cost savings? While many training professionals focus …

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Tags: educational trends, return on investment, skills development, strategic planning Tagged , ,

A Bare Bones Guide to Training Consultants

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What is a training consultant? A training consultant is a person/company with vast experience in designing, analyzing, and developing training programs.  This person/company is hired by organizations to guide the implementation of training programs that maximize employee productivity, efficiency, and …

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Job Redesign: A Fundamental Element of the Organizational Change

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What is the purpose of job redesign? Job redesign tailors employee positions to an organization’s current functions and needs.  During times of change, job redesign ensures that organizational needs are filled by proficient employees.  Job redesign can involve something as …

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On-the-job Training: Training Solutions to Improve Performance without Impacting Production

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On-the-job training is widely known as the most effective training solution for vocational work, and this is for good reason!  On-the-job training happens within the workplace and involves the actual tools, equipment, documents, and/or materials required for the job.  Unlike …

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Tags: competency-based learning, skills development, strategic planning, training Tagged , , , ,