Analyze this scenario:

The Department of Social Services has lost 25% of its federal funding for the next fiscal year, leaving the budget at a $128,000 deficit. Within the agency, there are 125 full-time employees; the average pay for all employees is $39,000, 75% female and 25% male. In addition, 25% of employees have been with the agency for over 20 years, 20% are near retirement age in three years, and 50% are under the age of 30.

Recommend three innovations to implement a succession plan for the agency.

Answer rating: 100% (QA)

For an organization like this which is facing turbulent times as it is already experiencing deficit and budget cuts and above all this around 20 of it... View the full answer