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State of Succession
Planning Report
Are you doing enough to
identify and develop talent
to build bench strength?
“The benefits of a successful program are
broad – from reduced time to fill critical
positions and reduced turnover costs, to cost
improvements in developing high-potentials
and enhanced competitive advantage.”
Dr. William J. Rothwell
President of Rothwell & Associates,
renowned Succession Planning author
Succession planning ≠ Replacement planning
Succession planning
• Focuses on talent
development
• Strategic
• Long-term solution
Replacement planning
• Identifies short-term
replacements
• Tactical
• Stopgap measure
Yet 21% of organizations have
no succession management of
any kind in place.*
By not addressing succession
planning, companies risk losing
top performers, endangering
business continuity plans and
hurting their bottom line.
* Bersin & Associates Succession Management Maturity Model®
Developing a talent pipeline and leadership readiness make
the list of top concerns in executive surveys from Harvard
Business Review, PWC, Deloitte and Gartner year after year.
Get the free report:
Download now
It’s too
costly and
complicated
We’re too
small to
need one
We have a
replacement
plan instead
We don’t
know where
to start Management
doesn’t think
it’ll work
Why companies put off succession planning
Get the free report:
Download now
The goal of the State of Succession
Planning Report:
to provide a big picture view of
the state of succession planning
programs as well as guidance
for improvement.
Get the free report:
Download now
The State of Succession Planning Report:
Measures four dimensions of succession planning programs:
Identification Assessment
Development Management
Assesses 600+ organizations worldwide
Compares succession planning strategies
with established best practices
Get the free report:
Download now
The results:
Organizations are not doing enough to identify and
develop talent to fill key positions.
Overall average
succession planning
intelligence score: 48%
48%
Based on a survey of
600+ organizations
Get the free report:
Download now
Dimension 1: identification
Identification of succession planning needs, linking
needs to goals, and linking goals to strategic vision
Average rating: 49% (FAIL)
Based on a survey of
600+ organizations
Get the free report:
Download now
• Confusion among senior leaders about intended results
and strategic goal alignment
• Outdated succession planning program
• Unclear profile of the ideal person for key role or
leadership position
• Ineffective or unmeasurable competency models
A low identification score may indicate:
Get the free report:
Download now
Using the identification elements to assess needs and
individual/department promotion potential
Average rating: 47% (FAIL)
Dimension 2: assessment
Based on a survey of
600+ organizations
Get the free report:
Download now
A low assessment score may indicate a need to:
• Strengthen or extend competency models as a
strategic foundation for talent management
• Leverage competency models to communicate
expectations, build organizational culture and
cultivate strengths
• Establish an objective means to assess an individual’s
promotion potential and readiness
Get the free report:
Download now
Working with individuals to shrink the development
gaps, and moving forward to help each area develop
talent pools
Average rating: 49% (FAIL)
Dimension 3: development
Based on a survey of
600+ organizations
Get the free report:
Download now
A low development score could signify a need to:
• Find out what motivates employees to develop their
skills and abilities
• Develop a plan for closing development gaps so people
are ready for promotion
• Create ways to hold people accountable for their
own development
• Establish a system to prepare high-potential employees
for future responsibility
Get the free report:
Download now
Actively keeping senior management, department-level
management, and individuals appraised of progress;
encouraging participation in succession planning
programming; and evaluating the program and responding
to needed changes
Average rating: 47% (FAIL)
Dimension 4: management
Based on a survey of
600+ organizations
Get the free report:
Download now
A low management dimension result may
indicate a need for:
• Ownership of the succession planning program by senior
leaders, not HR
• Communication of roles and responsibilities on a regular basis
• Accountability among managers to develop future talent
• Identification of potential talent and a process to gather and
aggregate that information
• Evaluation of your succession planning program against
measurable goals
Get the free report:
Download now
Your workforce is your organization’s only sustainable
competitive advantage and the most critical means to
achieve your company’s strategic goals.
You must take steps to hire,
retain and engage the best
employees you can.
strategy
goals
workforce
development
analysis
repeat
Get the free report:
Download now
How does your
organization
measure up?
Download the full report
Learn how to set up your organization
for #SuccessionPlanning success.
www.halogensoftware.com
Download now

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Improve Succession Planning With Our Free Report

  • 1. State of Succession Planning Report Are you doing enough to identify and develop talent to build bench strength?
  • 2. “The benefits of a successful program are broad – from reduced time to fill critical positions and reduced turnover costs, to cost improvements in developing high-potentials and enhanced competitive advantage.” Dr. William J. Rothwell President of Rothwell & Associates, renowned Succession Planning author
  • 3. Succession planning ≠ Replacement planning Succession planning • Focuses on talent development • Strategic • Long-term solution Replacement planning • Identifies short-term replacements • Tactical • Stopgap measure
  • 4. Yet 21% of organizations have no succession management of any kind in place.* By not addressing succession planning, companies risk losing top performers, endangering business continuity plans and hurting their bottom line. * Bersin & Associates Succession Management Maturity Model® Developing a talent pipeline and leadership readiness make the list of top concerns in executive surveys from Harvard Business Review, PWC, Deloitte and Gartner year after year. Get the free report: Download now
  • 5. It’s too costly and complicated We’re too small to need one We have a replacement plan instead We don’t know where to start Management doesn’t think it’ll work Why companies put off succession planning Get the free report: Download now
  • 6. The goal of the State of Succession Planning Report: to provide a big picture view of the state of succession planning programs as well as guidance for improvement. Get the free report: Download now
  • 7. The State of Succession Planning Report: Measures four dimensions of succession planning programs: Identification Assessment Development Management Assesses 600+ organizations worldwide Compares succession planning strategies with established best practices Get the free report: Download now
  • 8. The results: Organizations are not doing enough to identify and develop talent to fill key positions. Overall average succession planning intelligence score: 48% 48% Based on a survey of 600+ organizations Get the free report: Download now
  • 9. Dimension 1: identification Identification of succession planning needs, linking needs to goals, and linking goals to strategic vision Average rating: 49% (FAIL) Based on a survey of 600+ organizations Get the free report: Download now
  • 10. • Confusion among senior leaders about intended results and strategic goal alignment • Outdated succession planning program • Unclear profile of the ideal person for key role or leadership position • Ineffective or unmeasurable competency models A low identification score may indicate: Get the free report: Download now
  • 11. Using the identification elements to assess needs and individual/department promotion potential Average rating: 47% (FAIL) Dimension 2: assessment Based on a survey of 600+ organizations Get the free report: Download now
  • 12. A low assessment score may indicate a need to: • Strengthen or extend competency models as a strategic foundation for talent management • Leverage competency models to communicate expectations, build organizational culture and cultivate strengths • Establish an objective means to assess an individual’s promotion potential and readiness Get the free report: Download now
  • 13. Working with individuals to shrink the development gaps, and moving forward to help each area develop talent pools Average rating: 49% (FAIL) Dimension 3: development Based on a survey of 600+ organizations Get the free report: Download now
  • 14. A low development score could signify a need to: • Find out what motivates employees to develop their skills and abilities • Develop a plan for closing development gaps so people are ready for promotion • Create ways to hold people accountable for their own development • Establish a system to prepare high-potential employees for future responsibility Get the free report: Download now
  • 15. Actively keeping senior management, department-level management, and individuals appraised of progress; encouraging participation in succession planning programming; and evaluating the program and responding to needed changes Average rating: 47% (FAIL) Dimension 4: management Based on a survey of 600+ organizations Get the free report: Download now
  • 16. A low management dimension result may indicate a need for: • Ownership of the succession planning program by senior leaders, not HR • Communication of roles and responsibilities on a regular basis • Accountability among managers to develop future talent • Identification of potential talent and a process to gather and aggregate that information • Evaluation of your succession planning program against measurable goals Get the free report: Download now
  • 17. Your workforce is your organization’s only sustainable competitive advantage and the most critical means to achieve your company’s strategic goals. You must take steps to hire, retain and engage the best employees you can. strategy goals workforce development analysis repeat Get the free report: Download now
  • 18. How does your organization measure up? Download the full report Learn how to set up your organization for #SuccessionPlanning success. www.halogensoftware.com Download now

Editor's Notes

  1. Graphic: Consider - Succession planning (does not equal sign) Replacement planning (or similar)
  2. I took the title of this slide out. Here is Tali’s feedback in case it helps in terms of graphics or tone for the slide: (Not addressing succession planning = fear, uncertainty, doubt) – In the Word document, I had included this more as a comment regarding what we were trying to portray within the slide.  (i.e. The points on the slide were meant to inspire fear, uncertainty, and doubt among the readers.) 
  3. Note: this is from Evelyn’s webinar in the fall 2013
  4. Please add the Rothwell & Associates logo on this slide to show that we worked with them
  5. Could we visually break out the 4 dimensions, since they are key concepts and are referenced individually on later slides?                e.g. Something like this:    Measure four dimensions of succession planning programs: (1) Identification             (2) Assessment (3) Development             (4) Management
  6. Graphic: FAIL stamp (or similar)