The critical business driver of succession management is talent continuity — motivating, developing,and retaining employees to execute on the company’s long-term growth plans. A comprehensive succession management strategy answers the following questions:
Do you have the right people with the right skills for today and tomorrow?
Do you have the bench strength to reduce the risk of turnover in leadership or key positions?
Are you offering the right development to prepare high-potential employees for greater responsibility?
Where are the skills and talent gaps in your workforce? Are you taking the right steps to address them?
Are you providing your people with diverse cross-functional experiences and exposure to leaders across the company?
Can you find and compare your candidate options quickly and easily when it’s time to promote?