A shortfall of executive talent is imminent! Enterprise sustainability can be promoted by proactively addressing this crisis through organized executive transitions, inclusive of a) innovative Succession Planning, and b) post-employment support for departing executives in planning the next phase of their professional and personal lives. More
In the United States 87 million “Boomers” were born between 1946 and 1964. Generation X produced 44 million between 1965 and 1979. As the Boomer executives depart the workforce there will be a shortage of qualified applicants to take their place. To further complicate the equation, the first party research and client experience of Discussion Partner Collaborative LLC indicates that 90% of executives would prefer to “phase down” vs. “just retire”, 87% are keeping their intentions to themselves as enterprises have little to no practices in place to support a transition, 84% of departing Boomer executives do not feel the next generation of “leader” has had the growth advantages afforded them and therefore are “not properly prepared” to meet increasing expectations and 70% do not have a well thought-out post-employment plan for where they will be spending their time! The book Executive Transitions-Plotting The Opportunity, uses data and case studies not only to challenge the current portfolio of Human Capital programs aligned with this issue….but also provides creative suggestions that promote enterprise sustainability, increase “employer brand” and develop a mindset that post-employment is a phase of life where there is tremendous opportunity to remain engaged and relevant!