succession planning. without succession planning marking & developing select successor
Post on 01-Apr-2015
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Wha
t Will
I Be
Doi
ng T
hree
Yea
rs F
rom
Now
?
SUCCESSION PLANNING
Definition
Not Long Ago
Without Succession PlanningMarking & Developing Select
Successor
Succession Planning
The Transfer of Value
What Executives Believe:
• 92% = Customer Satisfaction
• 82% = Profitability • 72% = Innovation & New Products
Not Long From Now
With Succession Planning
Increased Retention of Superior Employees
Resulting in a POOL of Qualified Talent
Critical Success Factor
In order to have qualified choices, you need to identify who is ready now and what it will take to get make
others ready when you need them.
Succession Planning Requires
Successful Talent Management Results in Successful Succession
Planning
Best in Class Results
Where is Your Company?
Traditional View of Talent
Management “Talent management has been
perceived as an administrative compliance ritual to be
endured, rather than a tool for translating talent management
into a Human Performance solution for daily career and
business challenges.”
Pressures To Plan
WHERE WILL YOU BE WHEN
LIGHTNING STRIKES?
Actions To Address Pressure
Elements of Succession Planning
Things You Might Do
Interesting Dichotomy
In most cases, business managers, trainers, and HR think about talent and talent management very differently
TALENT MANAGEMENT MATURITY PROCESS
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