HR & Payroll

Overview:

Talent management poses special challenges for small businesses and for family businesses. These special challenges can complicate the succession planning process in those settings.

But what is meant by the term talent management? How does talent management relate to succession planning? What precisely are the unique challenges faced by small business owners and family businesses in planning for, acquiring, developing, deploying, engaging, rewarding, promoting, retaining, and (sometimes) releasing talented workers, and how can the effects of those unique challenges be mitigated or overcome? What recent challenges are small and family business owners experiencing? This webinar addresses these questions.

Session Highlights:

·       How to conceptualize different viewpoints of talent

·       Examine specific ways that small and family businesses can attract talent

·       Look at ways that small and family businesses can retain talent

·       Review special ways to develop workers in small and family businesses

·       How to build a powerful organizational reputation that attracts and helps to retain workers

Benefits For Attending:

Who will lead your organization into the future? Have you created the systems to properly implement required succession transitions? Have you put the financial tools in place to fund the transition? Do you want a plan that connects with your personal and company core values? When do you include timely planning related to strategy and talent issues? What are the appropriate communication strategies for sharing your plan? What legal issues need consideration related to the strategy, financial, and people aspects of succession?

So, what is preventing you from starting this effort tomorrow? Small and family businesses are the bedrock of all businesses. More people are employed by small and family-owned businesses than by all multinational companies combined. Yet the research on small and family businesses is bleak: fewer than one-third of small business owners in the United States can afford to retire. Only 40% of small businesses have a workable disaster plan in case of the sudden death or disability of the owner, and only 42% of small businesses in the United States have a succession plan. Fewer than 11% of family-owned businesses make it to the third generation beyond the founder. Lack of succession planning is the second most common reason for small business failure.

Many organizations often wonder where to start and what to do. So, this webinar will present a comprehensive approach to guiding such efforts.

What Will You Learn:

The focus of this webinar is to learn the elements of effective succession planning & talent management for small business and family run businesses.

Who Should Attend:

·       All Employers

·       Business Owners

·       Company Leadership

·       HR Professionals

·       Training & Development Professionals

·       Organizational Development Professionals

·       Talent Development Professionals

·       Trainers

·       Administrators

·       Managers/Supervisors

Ask your question directly from our expert during the Q&A session following the live event.