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Current workforce trends make the need to train new leaders more important than ever -- especially in IT, where there is already a shortage of highly skilled candidates. Here are five steps CIOs can take today to ensure their companies have qualified IT leaders tomorrow.
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Identifying and developing the next generation of leaders in an organization—a practice commonly referred to as succession planning—has always been an important activity for businesses. But current workforce trends have made the need to prepare for these transitions and train new leaders even more urgent, especially in the IT sector.
With IT turnover rates rising as additional employment opportunities appear, and millions of baby boomers approaching retirement, identifying and developing the next generation of managers and executives have become critical.
Succession planning lays the groundwork for smooth leadership transitions by identifying individuals qualified to assume key roles when job vacancies develop as a result of retirements, resignations, promotions and other factors.
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Not only is strong leadership crucial to sustaining optimal performance, but senior-level IT professionals are difficult to replace because they've accumulated valuable experience as well as business and cultural knowledge that cannot be gained overnight.
In addition, employers are increasingly concerned about whether newer workers will have the skills and experience needed to fill the positions of retirees. Shortages of highly skilled candidates already exist in the IT field, where demand for talented professionals continues to outpace supply.
A recent survey by Robert Half Technology underscored executives' recognition of the need to make succession issues a priority. Half of CIOs polled said they are actively preparing IT staff for leadership roles. The most commonly cited tactics for doing so included instituting mentoring programs, management training and soft-skills training.
Next: Passing the Baton: 5 Keys To Success
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