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How to capture institutional knowledge

Insperity

When your employees stay in the same role for extended periods, they accrue institutional knowledge – or information and understanding about the systems, relationships and tactics that make your company run optimally. Succession planning. That is, unless you have a system for regularly capturing institutional knowledge.

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At What Age Are Millennials Ready to Lead?

The People Equation

The EWS identified another interesting element to the leadership pipeline issue: 63% of companies have increased their succession planning efforts to address the impending Boomer exodus. According to this Training Magazine article , the amount of time allotted to developing executives has decreased.

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HR Business Partner (HRBP): What They Are and What They Do?

Heyyy HR!

HRBPs are responsible for a range of tasks, including talent management, employee engagement, performance management, performance development, strategic HR processes, and organizational design. annual performance reviews, mid-year performance reviews, goal planning, individual development plans or IDPs, etc.)

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Post-pandemic employee turnover: Why it’s happening and what to do about it

Insperity

Yet there’s another rising issue with which employers must prepare to contend: post-pandemic employee turnover. According to the 2021 Employee Engagement and Retention Report , commissioned by the Achievers Workforce Institute, 52% of employees in North America will look for a new job in the near future.

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8 HR KPIs to measure in a post-pandemic workplace

Insperity

Finally, it’s important that managers and supervisors know how and when to reach out to HR with any individual employee performance concerns or themes, so that HR can provide appropriate guidance and solutions. Employee engagement. Unfortunately, employee engagement can be difficult to measure.

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A hidden retention problem: When long tenure hurts your business

Insperity

You can do this by: Setting aside ample time for everyone to get to know each other on a personal level Acknowledging the successes of the existing team Empowering external hires Encouraging existing employees to be open to their suggestions. Give people a chance to grow again.

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High-potential leadership programs: The bridge from individual contributor to leader

Insperity

A high-potential leadership program is a critical component of succession planning. Businesses need more leaders who understand this shift in mindset and culture and are prepared to lead in a way that strengthens employee engagement and retention. Sometimes, businesses need to resolve leadership problems.