 | Effective Succession Planning: Ensuring Leadership Continuity and Building Talent from Within |
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Product Description
Organizations that don't take steps to plan for future talent needs at all levels, will face certain disruptions, and even disasters, when key employees leave. Still the most comprehensive and authoritative book on the subject, this new edition of Effective Succession Planning presents strategies for creating a complete, systematic succession planning program. Updated and expanded to reflect the latest trends and best practices in succession management, the book contains 20 per cent new material, including chapters on recruitment and retention as part of succession planning, as well as updated references and research. The book also includes a CD-Rom filled with worksheets, assessment tools, and training guides...everything readers need to help lead their organizations into the future.
- Amazon Sales Rank: #290624 in Books
- Published on: 2010-04-28
- Original language: English
- Number of items: 2
- Binding: Hardcover
- 450 pages
Amazon.com Review
If you're looking for a quick, easy, and fun guide to constantly cultivating from within your organization the talent to move up and fill positions left behind by others, don't look here. Written by a human resources expert who teaches at Penn State, Effective Succession Planning must surely be one of the driest books ever written on this topic, from its aggressively unsexy title and jacket to its college-textbook format and arsenal of supplementary checklists, flowcharts, and exercises.
Having said that, it's also probably one of the most thorough books on the topic (and a fine complement to The Leadership Pipeline), incorporating methodical and meticulous guidelines to preparing for and quickly filling crucial vacancies at all levels of the organization, from top management to sales, administrative, technical, and production positions. Not only does it lay out a plan for instituting a long-term succession planning program that includes everything from early action steps to ongoing evaluation and revision, it also shows how to develop, monitor, and evaluate talent and skills in individual employees in order to promote effectively from within (although it acknowledges that sometimes the best choices come from outside, and offers key steps for optimizing the outside-search process as well).
Everything is covered here, from the legal implications of hiring and firing and online and high-tech resources to major trends that will affect succession planning in the years ahead. And, thank god, the author has incorporated some case studies--both fictional/composite and those of several large real-life companies--to add some names and faces to a volume that's about as dry as the Sahara, and (for human-resource professionals, at least) potentially as welcome as a fresh supply of water if you happened to be stuck in such a place. --Timothy Murphy
Review
"a valuable resource." --HR Professional
"If you're leading the succession planning charge in your company, you can find most anything you need to know in this book" --Training magazine
"Rothwell, through his aggressive research and a systematic approach to succession planning, has developed a guide for today's leaders and HR managers on how to be prepared to deal with changes in key human capital." --Patrick E. Gerity, Ph.D., Executive Director, State System University Center for Southwest Pennsylvania
From the Inside Flap
When an employee leaves, there's more at stake for your organization than just an open position that needs to be filled. Every company's heart and soul—not to mention its bottom line—is dependent on the collective wisdom of its people. If you fail to plan for the sudden absence of those who have either been groomed to continue their ascent up the ladder—or those whose knowledge you simply can't function without—consistent leadership and institutional memory can get lost in the shuffle.
Every serious organization needs a succession plan. And now—as baby-boomers retire en masse and companies of every size and type feel the various effects of globalization, the economy, and other factors—it is more necessary than ever to be prepared for change. In this extensively updated fourth edition, Effective Succession Planning provides the tools you need to establish, revitalize, or revise your own succession planning and management (SP&M) program. You'll learn how to:
• Identify competencies and clarify organizational values for both planning and managing a succession program.
• Plan for and quickly fill crucial vacancies at all levels from top management to sales, administrative, technical, and production positions.
• Develop and retain top talent, building and preserving your organization's intellectual capital.
• Assess current needs and future resources for seamless succession planning.
• Use the latest technology to organize and implement succession planning and management programs.
Incorporating the results of two extensive new surveys, and including a Quick Start Guide to help begin immediate implementation—as well as a CD-ROM packed with assessments, checklists, customizable guides, and other practical tools—this essential resource reflects the latest trends and best practices in succession management.
The book presents enlightening case studies illustrating what your organization can do to ensure seamless transitions when key employees retire, are lured away by competitors, or leave for a host of other reasons. You'll learn how to make the business case for succession planning and management; become acquainted with the characteristics of effective programs and common mistakes to avoid; discover how to set priorities, clarify roles, write policies and procedures, and address legal issues; and much more.
In addition, the book features new sections on identifying and assessing competencies and future needs; management vs. technical succession planning; ethics and conduct; and new chapters on integrating recruitment and retention strategies with succession planning programs.
This long-trusted guide reveals how your company can defend itself with a succession plan that consists of ongoing evaluation and revision, early action steps in the face of change, and a consistent plan for evaluating and promoting talent from within, while also optimizing the outside-search process for possible new hires.
Packed with forms, tools, examples, and guidance, this is an essential resource for any organization concerned with retaining the accumulated wisdom built up over time by its most valued employees.
WILLIAM J. ROTHWELL is Professor of Workplace Learning and Performance in the Workforce Education and Development program on the University Park campus of The Pennsylvania State University, and the President of Rothwell & Associates, a business consultancy with more than 35 multinational clients in the private, public, nonprofit, and government sectors. An internationally respected authority on human resources issues, he is a frequent speaker at conferences and seminars around the world, and the author of The Manager's Guide to Maximizing Employee Potential, a sister book to accompany this book that focuses on the tactical responsibility of the manager to build talent every day.
Most helpful customer reviews
9 of 9 people found the following review helpful.
Extremely Helpful
By Laura, EVP
Rothwell provides not only an excellent review of the current literature but countless worksheets for practice. If you are interested in succession planning issues this book is a must. I would also recommend "The Leadership Pipeline" by Charan, Drotter, & Noel. And buy a copy of "Strategic Organizational Learning" by Beitler. Beitler has several free articles on his website "[...]" that are also helpful.
Laura Taylor
Baltimore, MD
9 of 9 people found the following review helpful.
Insightful!
By Rolf Dobelli
In exhaustive detail William J. Rothwell shows you the hows and whys of succession planning and management in this second edition of his landmark book. Given the general corporate predilection for systems and bureaucracies, top executives and managers of both large and small businesses will revel in the way Rothwell lays out his well-researched plan. His ample how-to lists and charts can be adapted to fit almost any industry. Despite the author's scholarly credentials and depth of information, his writing is not academic. We from getAbstract recommend this book to executives and managers, particularly if your company doesn't already have a succession plan.
4 of 4 people found the following review helpful.Like a lot of other things---it's only as good as you apply it
By J. Brodnicki
The need for succession planning is reaching crisis proportions, yet few organizations are willing to face the crisis and do something about it.
There's nothing magic here---just a realistic, comprehensvie, flexible approach to get the job done. The strenghts in this book:
- Finding the right devleopmental activity for the right level of management
- Design, gain support, and implement, and maintain your succession process.
- Lots of extras, including assessments and a plan to devleop a mentoring program.
A great value.
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