Baby Boomers and other older, more experienced employees are planning to retire in droves. However, when they leave, amazing multi-decade experience and connections will leave the company. For this reason, many companies are working on plans on how to retain these valuable employees when they choose to retire. What kind of strategy would be recommended for companies to take in order to not lose this potential talent and know-how? Why?

If you owned a restaurant and were hiring for the following positions, what type of person would you look for each and why? Back of House Cook Prepcook Dishwasher

Berlin Berlin, on the other hand, is a confident individual. He will work for money and will not hesitate to change jobs if the pay is higher. He works very hard for the company, but he also expects the company to work for him. He has no problem working a 60-hour week at his current job if he is financially compensated for it. Despite having a family and supporting his sick sister, he once quit a job because his boss refused to give him a raise because he was already making too much money. He is extremely passionate and driven. A supervisor at his previous job stated that, while Berlin did an excellent job for the company, his personality was so intense that they were glad to get rid of him. His former boss observed that Berlin seemed to be constantly pushing. If it wasn't for more money, it was for better perks; he never seemed to be satisfied. Discuss how you will use non-monetary incentives to keep Berlin interested and motivated.

What do you think some of the biggest challenges of being the CEO of a health care organization would be? How would you involve your board and your managers in facing those challenges?

Succession planning is often misunderstood or undervalued in the workplace. According to Talent Management magazine, about 70 percent of companies say they participate in some form of succession planning. However, 62 percent also report having too few candidates for organizational needs, and a third of organizations report no succession plan at all. These numbers are low relative to just how important succession planning is to an organization’s success. Please  state the challenges organizations have that lead to few candidates and or no succession plan at all.