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High-performing organizations know that in order to stay competitive, your
overall workforce planning system must include effective succession plans, fully
integrated into the organizational processes.
An effective succession plan has multiple impacts on your overall human
capital productivity and costs, such as:
- Rapid talent replacement;
- Meeting production goals with the right talent with the right skills;
- Continuous learning;
- Identifying and preventing problems while they are minor;
- Lower turnover and lower labor costs; and
- Improvement of the overall organizational climate.
Effective succession planning means that an organization has developed a
system and a process to predict upcoming changes in the demand and the supply of
talent. CCI consultants work with your company's internal stakeholders and your
current HRIS system to determine whether or not your succession plan will be
effective or to develop a succession plan if you do not already have one in
place.
Our consultants provide an integrated framework to identify, assess, develop,
compensate and plan for your key talent, helping you answer critical questions
such as:
- What are our key positions and who do we currently have in these
positions?
- Do we have candidates inside the organization for these positions or will
we have to go outside the organization to find candidates?
- What are the skills/competencies required for these positions?
- What training is necessary to prepare a move into these positions?
- What training do we currently have in place and what training will we need
to develop?
- Which candidates are suitable for more than one position?
- How are our key players performing?
Succession planning can be daunting, as it is difficult to define the talent
needs for your organization today and in the future. CCI will provide your
organization with the framework and supporting knowledge needed to create an
effective succession plan, assuring a continuous pool of high-performing talent.
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