American Society for Training and Development (ASTD) (Alexandria VA)
Issues impacting the management of federal workforce are reviewed. In particular, “[b]y tapping into knowledge management and understanding the distinctions among generation cohorts, managers can connect the dots between succession planning, human capital management, strategic planning, and fiscal responsibility” (p. 1). Topics discussed include: generation cohorts—Traditionalists, Baby Boomers, Generation X, and Millennials; current research on federal succession planning efforts; and failure to plan has many costs. “Succession planning is an investment in leadership training, and must begin in lower levels of the workforce. Leaders must prepare for succession to harness workforce costs and national security” (p. 1).