SUCCESSION
Reduce risk with a practical solution for creating succession plans. Identify key positions and future leaders, eliminate leadership gaps, avoid costly disruptions and communicate plans in an understandable, visual format.
A key employee departure can cause a lapse in business continuity and put company performance in jeopardy.
Your organization needs to have succession plans in place to help retain key employees and facilitate a near seamless transition when vacancies do occur. Unfortunately, most succession planning solutions are overly complicated, requiring companies to make a significant time and resource commitment in order to create and maintain succession plans.
HumanConcepts Succession provides the key talent and workforce metrics your organization needs to accurately identify succession candidates and analyze their specific skills and competencies for fit with a target position. Using the familiar framework of the org chart, you can use our Succession solution to quickly and easily create comprehensive succession plans, ensuring that key employee departures don’t interrupt business continuity. HumanConcepts Succession arms you with an intuitive, at-a-glance tool that enables you to quickly and easily identify successor candidates, grow your bench strength, eliminate potential leadership gaps, and communicate plans in an understandable, visual format.
Why You Need Succession
- You will ensure key employee departures or vacancies do not interrupt business continuity and performance.
- You will reduce and mitigate organizational risk by proactively preparing a roadmap for your future workforce leadership.
- You will collaborate with stakeholders to identify positions at risk, assess candidate-readiness, select successors and communicate plans.
- You will use the familiar framework of the org chart to visualize, understand, analyze, plan and maintain succession plans.
- You will create practical succession plans in minutes, not days, without undue complexity or significant resource management.
Benefits
- Evaluation: Succession makes it easy to identify, analyze and compare multiple candidate criteria at once — including performance, employee potential, flight risk and location—using a helpful, visual grid. That way you will be ready to make the right decisions when needed.
- Selection: Don’t just make a decision. Make the right one. Succession gives you the information you need to quickly and confidently assign candidates as successors to key positions, utilizing information about their skills, performance, location and other criteria.
- Collaboration: Succession’s information-rich, visual platform and easy access to key talent metrics fosters productive collaboration between managers, HR and other stakeholders on succession, career development and continuity plans.
- Communication: Succession’s graphical format makes for easy presentation and communication. Group hierar- chies, candidates and timeframes are all immediately visible to colleagues and stakeholders.
- Risk Management: Succession enables you to mitigate risk by understanding critical positions that may be at risk, quickly formulating plans, and flagging key talent for retention in times of reorgs, mergers, or acquisitions.
- Practical Plans: Our practical succession planning solution provides the key talent and workforce metrics organizations need to make smart decisions, without the significant time and resource commitments that traditional succession planning solutions require.
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