Corporate Succession Planning – A Millennial Approach

Organizations considering succession planning need to cultivate employees who currently comprise a majority of their workforce: millennials, those born between 1981 and 1997. In 2015, they surpassed Generation X to become the largest share of the American workforce.

Whatever people think of millennials, they are—and will be—critical to future business and economic growth. They are the next managers, C-suite executives and CEOs. A negative connotation is often top of mind when thinking of millennials, often described as self-centered, job hoppers and lazy. But nearly 50% of millennials are already in leadership positions.

This white paper focuses on how companies can adapt their current employee attraction, engagement and retention strategies with millennials in mind. This approach offers the greatest opportunity for identifying and growing talent, while successfully transitioning an organization to its next set of leaders.