Thousands of Baby Boomers are on the verge of retirement. When they do decide to walk away, they’ll take decades of organizational knowledge with them. That includes a deep understanding of older systems, technologies and business processes. Succession planning can prepare you for a wave of retiring Baby Boomers, helping you minimize disruption to business operations and maintain strong customers relationships.
Tags: Technology, SharePoint, Microsoft, Human Resources, ATS, HRIS, Onboarding, Employee Satisfaction, Performance, Succession Planning
The 80/20 rule applies to the correlation between organizational output and the talent within that organization. In other words, the top 20 percent of talent accounts for 80 percent of output. Ideally, organizations would be able to invest in the growth and development of all employees. The fact is, few organizations have those kinds of resources. The key is to selectively focus resources on those employees with the greatest potential.
Tags: Technology, SharePoint, Microsoft, Human Resources, ATS, HRIS, Onboarding, Employee Satisfaction, Performance
