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How employee resource groups can help employees and your business

Insperity

If you’re looking for new ways to better engage your team and improve camaraderie , employee resource groups can be a great option. They’re groups of employees who share some trait or life circumstance. In other words, anyone who wants to participate can join these groups. Starting employee resource groups.

Groups 90
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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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Build a leadership succession plan

Sage HRMS

Without proper succession planning, the future of your business may be uncertain. Whether it's a question of who will fill the C-Suite when the current executives retire, or simply who will manage the sales department, it's crucial to have a plan in place for when your current team moves on. Use the right tools.

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Iván Watanabe of Opus Advisory Group: “Invest in yourself”

Thrive Global

Find a study group. I have a group of 8 other trusted advisors who I meet with quarterly and we discuss trends, financial strategy, successes, failures, and personal life goals. There are many sole practitioners out there that have no succession plan in place when they retire or if they were to get sick.

Groups 36
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Root out ‘tall poppy syndrome’ – it could save your company

Insperity

Other employee development practices like mentor programs, industry education programs, and employee discussion groups to meet tall poppies’ need to keep learning and achieving. Succession planning to develop new leaders , retain top talent, and keep your organization stable during leadership changes.

Company 106
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The Role of Succession Management in Uncertain, Tumultuous Times (i4cp login required)

i4cp

In early 2020, the Institute for Corporate Productivity (i4cp), in partnership with HR Executive magazine and HRCI, collected data from over 1,500 HR executives at organizations employing at least 1,000 people on their approach to succession planning and management.

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A hidden retention problem: When long tenure hurts your business

Insperity

The key to getting existing and new employees gelling as a team is to honor both groups for their unique perspectives. For more ways to keep your people moving toward your business goals through better human resources strategies, download our free magazine: The Insperity guide to succession planning.