With 40% of the UK’s workforce due to retire within the next decade, a number of challenges are presented to businesses looking to implement succession planning programmes.
In many cases, the solution will be to promote millennial workers (those born between the mid-1980s and the early 2000s) to management positions, which can lead to them managing Generation X employees (those born between the early 1960s and the early 1980s) who are senior to them in terms of age, but not in position.

This is a potential problem that should be on businesses’ agendas now, not several years down the line. Not only does it require time and proper planning to find a solution in terms of identifying and developing potential millennial leadership candidates in a relatively short period of time, but it could lead to workplace tensions.

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