Talent Review and Succession Planning
Challenge
A high-tech company took more than two years to fill a key managing director position in one of its operating units. Company executives and Human Resources wanted to develop and implement a talent review and succession planning process to create a solid executive pipeline and corporate talent pool.
Solution
- Designed talent review and succession planning process and online system.
- Integrated talent review and succession planning system with the company’s online performance management system.
- Designed and facilitated talent review and succession planning training.
- Facilitated managers’ meetings within reporting structures to help management present, discuss, and agree upon talent review and succession planning decisions.
- Evaluated the process; recommended and implemented improvements.
Results
- Managers at all levels assessed their employees’ performance and management potential.
- Managers identified top talent and skill gaps, and planned ways to develop or recruit accordingly.
- Managers cited increased alignment in department performance standards, management potential definitions, and development approaches.
- Managers demonstrated improved assessment, goal-setting, and development planning skills.
View description of Talent Review and Succession Planning services
Build Bench Strength.
Elaine developed an exceptional program that guided me and my management team in executing on our key responsibility as managers: to develop the talent on our team. In addition to the comprehensiveness and rational program structure, Elaine was a coach to us as we prepared for the delivery of the performance sessions.
-Director of Education and Knowledge, Healthcare Software Company