A silver tsunami is hitting our nation! Is it also hitting your organization or board of directors?
I’m talking about the aging of our key managers and board members. Do you have a lot of them nearing retirement age? If you don’t now, you may in the near future.
Fortunately, there are things you can do to be prepared for the silver tsunami. Check out how in today’s Succession Planning: What You Need to Know episode.
In this episode, I will share with you the three things you can do now to get your organization ready for a record number of retirements within the next 10 years.
To help you see how ready your organization is for succession planning, I have included two links within this blog that will help you determine the readiness of your board for board succession and how ready your management team is for turnover. These are both quick and easy quizzes that will evaluate your organization’s readiness, and as a bonus you will receive useful tips and tricks in order to improve your organization’s score!
That’s why succession planning has the word success in it. If you do it, you are planning for your success!