Linking HIPOS To Succession

Succession Planning has always been an effective tool helping Organizations overcome any potential loss when top function leaders quit or retire, It guarantees that there is no gap in Key talent leadership

Proposed solutions and tools always takes into consideration the current and future strategies of the organization with proper identification for key functions, Jobs and skills when effectively implemented, results are usually a win win for both management and employees ensuring that all employees aspire in terms of career path and management is relaxed that its own business strategy and intelligence is being transferred across generations

Taking all that into considerations, One must think what if we combine HIPO identification and link it to succession as a long term planning to incubate this HIPO and work with him/her as a potential successor. He/she then becomes more of a partner rather than an employee hence facing the extremely competitive environment facing the industries nowadays, ensuring continuous ROI working to complete the cycle of development across the organization

An idea to remember