Download e-book for kindle: Effective Succession Planning: Ensuring Leadership by William J. Rothwell


By William J. Rothwell

ISBN-10: 0814408427

ISBN-13: 9780814408421

ISBN-10: 0814428762

ISBN-13: 9780814428764

Supplies companies confirmed techniques for making a choice on talents, clarifying values, assessing present and destiny wishes and lots more and plenty extra. includes a CD-ROM with immediately usable instruments.

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Additional info for Effective Succession Planning: Ensuring Leadership Continuity And Building Talent From Within 3rd Edition

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11138$ $CH1 04-21-05 09:55:39 PS PAGE 25 26 B AC K G R O U N D I N F O R M AT I O N A BO UT S U C CE S S I O N P L AN N I N G AND M AN AG E ME N T Exhibit 1-7. Strategies for Reducing Turnover and Increasing Retention Possible Causes of Turnover People leave the organization because they: Are dissatisfied with their future prospects in the organization or believe they have better prospects for the future in another organization. Possible Strategies for Increasing Retention ᭝ ᭝ ᭝ ᭝ Dislike their supervisors and/ or their supervisors’ approach to supervision.

It also led to a net loss of protected labor groups in the plant’s workforce to a level well below what had taken the company ten years of ambitious efforts to achieve. Other consequences were increasingly aggressive union action in the plant; isolated incidents of violence against management personnel by disgruntled workers; growing evidence of theft, pilferage, and employee sabotage; and skyrocketing absenteeism and turnover rates. The third storm swept the plant on the heels of the layoff. Just three years ago corporate headquarters announced a company-wide Business Process Reengineering program.

Second, Welch has, in his 20 years at the top, proved himself to be a CEO with a very sure touch. The succession process began formally in June 1994, when Welch was 59. During a board management development and compensation committee (MDCC) meeting, 24 candidates were discussed in three groups. ‘‘Obvious field’’ covered the seven men running GE’s largest businesses. ’’ (continues) ................. 11138$ $CH1 04-21-05 09:55:32 PS PAGE 11 12 B AC K G R O U N D I N F O R M AT I O N A BO UT S U C CE S S I O N P L AN N I N G AND M AN AG E ME N T Exhibit 1-1.

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Effective Succession Planning: Ensuring Leadership Continuity And Building Talent From Within 3rd Edition by William J. Rothwell

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