succession planning. without succession planning marking & developing select successor

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