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Succession Planning: Building Bench Strength to Have the Right People in the Right Jobs at the Right Time Wendy M. Scheel December 1, 2008 Financial Services/Insurance HRD 830/440: Concepts of Human Resource Development HRD Clemson University
To Get Started ,[object Object],[object Object],[object Object],[object Object],[object Object]
My Topic: Succession Planning ,[object Object],[object Object],[object Object],[object Object],[object Object]
What is succession planning? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What are the risks of  not  doing succession planning?   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
“ Replacement” vs. “Succession” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Succession Planning Model ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],It looks like this:  Define Critical Roles Assess The Team Assess The Bench Manage and Measure Player’s Performances Identify Who’s Next Attain/Develop/Retain The Team
Designing the Intervention ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Key to succession planning: Assessing Performance and Potential ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Best Practice Succession Planning:  Nine Box Model High Low Performance Low High Potential High Performance Low Potential Medium Performance High Potential Medium  Performance Medium Potential Medium Performance Low Potential High Performance Medium Potential High Performance High Potential New To Position Low Performance Medium Potential Low Performance Low Potential “ C” Players “ A” Players Medium Medium “ B” Players “ A” Players “ A” Players “ B” Players “ C” Players “ C” Players
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Measuring Succession Planning Effectiveness
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What else needs to be considered?
[object Object],[object Object],My Contact Information

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  • 1. Succession Planning: Building Bench Strength to Have the Right People in the Right Jobs at the Right Time Wendy M. Scheel December 1, 2008 Financial Services/Insurance HRD 830/440: Concepts of Human Resource Development HRD Clemson University
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  • 10. Best Practice Succession Planning: Nine Box Model High Low Performance Low High Potential High Performance Low Potential Medium Performance High Potential Medium Performance Medium Potential Medium Performance Low Potential High Performance Medium Potential High Performance High Potential New To Position Low Performance Medium Potential Low Performance Low Potential “ C” Players “ A” Players Medium Medium “ B” Players “ A” Players “ A” Players “ B” Players “ C” Players “ C” Players
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