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Event Calendar / Use Recognition and Rewards to Grow Future Leaders
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Use Recognition and Rewards to Grow Future Leaders
In the workplace today, Boomers dominate the executive and management ranks. As a result, the mass exodus of the members of this generational cohort, by 2020, will create a significant challenge for HR managers and leaders. There will be vacancies to fill and expertise to transfer from these boomer leaders and managers to new leaders and managers.
Today, less than 20% of organizations (profit, non for profit, volunteer and community) have succession plans in place. In the majority of cases, the current leaders are not thinking strategically about how to make the transition and ensure leadership continuity.
We should now be developing and implementing leadership development programs to utilize boomer expertise to mentor future Generation X and Y leaders and at the same time, we should be building and implementing retirement planning for those boomer leaders transitioning out of the workforce. HR managers and leaders can take a leadership role and design and create succession plans aligned with retirement planning for boomer employees. This will be, over the next 8 to 10 years, a significant business challenge for senior teams and HR is well positioned to help them address this challenge.
       During this session you will learn how to use recognition as a motivational tool to:
•       promote knowledge transfer between Boomers and Generation X and Y,
•       attract the interest and support from senior management by capturing the ‘cost of lost knowledge’
•       create coaching and mentoring opportunities for leadership development, and
•       foster a succession planning environment where retirement planning is valued and employee retention is a priority.
By participating in this session, you will gain a full appreciation of the effects of demographic changes in the workplace and what they mean for the future of leadership and retention of high performers. Utilizing the recognition tools discussed during this session will help you to raise your profile and assume a business leadership role in your organization.

01/24/2013 11:00 am o'clock
01/24/2013 12:00 pm o'clock
Donna Stevenson

Webcast information

Who should participate:

All HR Professionals

What you will learn:

  1. Challenges associated with pending demographic changes and how to succession plan for the exodus of boomers from the workforce.
  2. Recognition tools and techniques to encourage current boomer leaders to share their expertise and build a leadership legacy.
  3. Recognition tools to encourage leadership development of Generation X and Y.
  4. How to align your succession planning process with retirement planning of your employees.
  5. How to transition current employees to retirement with innovative ready to retire tools, information, and planning expertise.

Recommended Resources:

The 2020 Workplace: How Innovative Companies Attract, Develop and Keep Tomorrow’s Employees Today by Jeanne C. Meister & Karie Willyerd

Who is Developing Our Future Leaders? The Boomer Leader Legacy by Donna Stevenson – Click here

HR Magazine – Click here

The Shift – The Future of Work is Already Here by Lynda Gratton - Click here

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