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This paper examines succession management and how an organization anticipating massive retirements can successfully plan.
From the Paper:"An organization or aging municipal workforce that faces huge numbers of retirements is at risk for a variety of serious problems--the loss of vital intellectual capital, organizational destabilization and disruption in continuity, being three of the most salient. If the organization's talent and experience leave and there is no one in line that has been trained and informed to replace them, disaster can result, the company's essential processes may suddenly become unsupportable. Organizational destabilization can occur both at the structural level and in terms of morale. A severe..."
Cite this Term Paper:
Succession Management (2008, December 01) Retrieved May 08, 2021, from https://www.academon.com/term-paper/succession-management-125841/
"Succession Management" 01 December 2008. Web. 08 May. 2021. <https://www.academon.com/term-paper/succession-management-125841/>