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Tag Archives: business continuity plan

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 , , ,

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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