Monday, October 23, 2006

Charity Village®NewsWeek: Cover Story-"Succession Planning: What you didn't know you need to do

Charity Village®NewsWeek: Cover Story: "Succession Planning: What you didn't know you need to do
Elisa Birnbaum By Elisa Birnbaum
October 23, 2006

There’s much talk these days about the impending retirement of the generation we refer to as baby boomers. Newspapers, radio talk shows and other mediums are dedicated to providing thought-provoking fodder on how this crop of soon-to-be retirees will spend their future days. How will they squander their pensions? To what exotic destination will they travel? How much will their new condos cost? Of course, one would imagine a discussion on ‘leaving’ would, likewise, involve a serious dialogue on who and what is left behind. So many issues to resolve: who will take the boomer’s place at the head of the boardroom table? How will the organization function without the efficacy and strategic aptitude of Mr. or Mrs. Retiree? How can an organization ensure it finds talented people to fill their shoes?"

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