Executive Summary (This is a document excerpt)

Succession planning, to the extent that it is done at all, has primarily been confined to executive-level positions. However, as human capital becomes a company's most expensive asset and organizational capital is the currency of the day, succession planning must be implemented much more deeply in the organization, eventually reaching every skilled position, especially within IT. As the economy improves and the hiring environment intensifies, turnover is going to increase, and those employees with the most sought-after skills will be the most likely to leave. Are you prepared?

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