Succession Planning: Structuring For Maximum Efficiency

The importance of succession planning has changed with the introduction and advancement in technology.

With cloud-based HR operations software, business requirements shifted from focusing on competencies to also considering an employee's experience at work.

This means considering how employees interact and engage at work, in addition to their qualifications, when deciding on the best succession routes. This allows them to best perform their duties and meet goals while also being engaged with co-workers throughout all stages of employment.

What’s included in a succession planning structure?

Identifying key roles

Examine and highlight the roles critical to your organisation's operational activities and strategic objectives.

Business requirements of key roles

Understand what competencies are required for key positions from a wide range of sources and collate it into one source of truth.

Identify high potential employees

Involve high performing candidates in their own development opportunities to create an excellent talent pool within the company.

Calculate readiness rating

Collate details about each potential candidate's skillset alongside an overall evaluation score so you can make informed decisions about their progression.

Create skills gaps profiles

Effective skills gaps profiles allow you and your employees understand what they need to develop before moving into a leadership position.

Implement candidate development plans

Enable leaders, managers and employees to accomplish development goals by setting measurable achievements every step of the way.

Measure succession planning effectiveness

If you want to make sure your succession planning process is effective, it's important that the metrics represent what matters most for company success.

Succession planning is an important process that every company should have in place to ensure the continuity of critical roles when a departure occurs. The first step towards creating your own succession plan can seem daunting, so we’ve created?a free template pack?to make the process a breeze.