GLOBAL SUCCESSION PLANNING

Succession planning is vital for any company’s long-term strategy. It identifies key roles that have a huge impact on the organization life and success and plan talent replacement for the same roles in the future.  

Succession Planning starts with identifying key roles and the best employees who have the potential to grow and take over the roles.  If the best strategy is to fulfill these positions with the existing company's talent, a leadership development program is necessary.

Goal: identify internal top talent globally for key positions and set developmental steps necessary to fulfill higher level jobs when openings occur.

Techniques:  

  • Identify key roles and their business impact/value
  • Define competencies and profile drivers required for the key roles
  • Define global business key performance indicators to perform in unfamiliar locations and cultures
  • Identify the best talent and their potential for the roles
  • Assess employees against the defined criteria
  • Build and implement leadership and development programs
  • Measure talent development progress against a defined timeline



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