Full Description

Facts about the changing workforce are clear and profound. Over the next five to 10years, utilities will experience an increase in the retirement of top leaders. Takingaction now to successfully sustain an organization through the imminent workforcechanges begins with understanding organizational values, strategic direction,leadership traits, characteristics, competencies, and institutional knowledge residingin current leaders. Ensuring continuity in leadership is a key to providingorganizational sustainability as the impact of workforce changes occur.This paper presents four actions an organization can take to sustain itsleadership capability:understand organizational values;capture leadership skills, traits, and competencies;identify leader institutional knowledge; and,create a learning environment to foster the transfer of skills, traits,competencies, and institutional knowledge to existing employees.The paper includes a framework and examples of tools that can be used toease the process of leadership transition. Learning how to take action now before thewave of leadership retirements and transitions will be of interest to all utilitymanagers who are concerned about the future of their organization. Includes figures.

Product Details

Edition: Vol. - No. Published: 02/01/2005 Number of Pages: 11File Size: 1 file , 610 KB