In this new book, Succession Planning That Works, management consultant Michael Timms lays out the importance of succession planning, then presents an easy-to-follow plan for implementing succession planning that will actually work. Concrete examples, intuitive tools, and an evidence-based approach combine to create a formula for succession planning that makes sense, and won’t break the bank, either in terms of money or time.

After conducting in-depth interviews with senior executives from nearly fifty organizations — ranging in size from 70 to 235,000 employees and representing a variety of industries including energy, food manufacturing, not-for-profit, government, financial services, and more — Timms discovered what works, what doesn’t, and the easiest path to developing a succession plan for any size of organization and at any stage of evolution.

The book contends that succession planning is the answer to arguably the greatest talent management predicament of the 21st century: How will organizations fill the void left by the baby boomers? It provides a clarion call to organizations that are not currently developing a plan to deal with the increase in retirements, and offers tools that organizations at any stage of succession planning can immediately utilize.