Increasing the Organization’s Bottom Line Through Succession Planning

Increasing the Organization’s Bottom Line Through Succession Planning

In this 2-hour and 15-minute session, participants will focus on the components of effective Succession Planning and Management. The identification of the Knowledge, Skills, and abilities for key roles.  The appropriate identification of High Potential Leaders, Successors, and Future-Gap Successors.  Examining the Succession Planning Process and addressing Development Plans.
An effective succession management strategy is critical for any organization.  It ensures you have the right talent in the right place at the right time to activate, drive, and execute your business strategy.  As the organization evaluates its current state of succession management, we recommend that leadership follow 3 steps: What talent do you need?  What talent do you have and How do you close the gap?
How Will This Training Benefit Me and What’s Covered?
• Identify Keys to developing a strategic Succession Plan
• Assess your organization’s Succession Plan Strategy
• Review Succession Planning Tools
• Identifying High Potential Leaders, Qualified Successors, and Future-Gap Successors
• Developing Talent Benchstrength in your organization
• Learn how to engage employees in developing knowledge, skills, and abilities
• Utilize Talent Reviews and 9-Box tools to assess talent
• Developing a Succession Process
• Create Development Plans for Organizations, Teams, and Individuals
• Learn a set of Best Practices for Succession Planning
• Learn Succession Plan Implementation Strategies
• Utilize Talent Councils to expedite Talent Strategies and Decision Making
• Learn how to document your Succession Plan processes into new, more efficient processes.
• Utilize Talent Intelligence and Talent Analytics for decision making