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Succesion-Development Plan
What is a succesion planning?

   It is the process to identify and develop key people
    and people with potential to assume key positions
    within organization.

   Succesion planning allow us to develop and keep
    the best talent and guaratee business continuity at
    the same time.
Why do we need a succesion planning?

      As part of the business      Talent management
    strategy, we must have       strategy includes identify key
    a talent management          positions,key people and
    strategy                     people with potential




                                        This strategy also, allow us
  As consequence, we will
                                      to put our resources on the
preserve the business and its
                                     talent who will produce
strategy
                                     the best ROI


                                                                        3
Thinking in our Talent strategy

  Which areas of our workforce to create add
 value ?


  What skills and workforce do we need in the next 5
 years? How are we going to have them?

 Are we developing our people in order to preserve
 business rentability?
Definitions
 Key Position      Impacts directly or indirectly organization strategy
                   and only can be occuped by people properly
                   prepared


                   Individual whose knowledge, reputation and
 Key Person        skills are critical to the viability and growth of an
                   organization


                        Person who has the capacity to perform in the
People with potential   future a higher position or positions with
                        different or more responsabilities.


  We need to ask: potential for what?
Potential must be a combination of aspirations (interests an
motivations) and capacity (skills and competencies)
First Step: Defining key positions

                     Has impact in the organization
                    strategy.

                    Company, area or department would
                    have problems if functions are not
                    performed.
Key Position
                    There is difficult to find candidates for
                    the position

                    Positions with high level of professional
                    or technical knowledge .

                    Relevant to the achieve company
                    goals and objectives
Second Step: Defining competencies

                             Core competencies


                            Level competencies
                               •Executive
                               •Managers and Supervisors
Competencies are               •Technical and Individual contributors
defined in several levels
                               Related to soft and interpersonal
                               skills


                             Position competencies

                              Related to academic background
                              and knowledge
Third Step: Defining key people

               First filter is performance evaluation
              people in key positions

              We evaluate the best performers
              according to the competencies
Criteria      defined

              Once we made this assessment we
               can define our key people and to know
               if we have key people in key positions

              We can define their career path and
              and development program
Example- Senior Analyst

                                                               Pedro Pérez          Development
                      Competencies defined                     Assessment    Gaps   Plan
Position
Competencies



Academic         Business administration degree   (level C) Level C
                 Excell Knowledege advanced       (level C) Level B            X
                 English advanced                 (level C) Level C

Level
Competencies
Soft Skills      Leadership                       (level 2)   Level 1          X

                 Level 3: Capacity to influece
                 other by his/her knowledge,
                 without an authoroty position

                 Critical Thinking                (level 2)   Level 3

                 Capable to analize data and to
                 infer cause and consequences
To whom the succesion planning is?

                           Meet Expecations




       Needs improvement
                                               Exceed expectatios


       Poor
     performa                                               Far exceed
        nce
                                                            expectations




        2%-5%     5%-         60%-70%         15%-20%      5%-10%
                  10%
  We can say that is for employees with good and outstanding
performance, but
  Good performance it is not the same that high potential
                                                                    10
Third Step: Defining candidates with potential

                 First filter is performance evaluation

                According to the result of the assesments
                we can define our people with potential

   Criteria     Define potential for which position or
                positions

                Rediness level (according to the gaps)

                Career path according to their skills and
                Knowledge

                Development plan
How we can do these assesments?

Human Resources                     GM validates criteria             HR works along
will develop                                                          with managers &
guidelines to define                                                  Sup to define key
Key positions                                                         positions

                                                             HR works along with
             GM validates criteria                           managers & Sup to
                                                             define
                                                             competencies for
                                                             key positions
            GM validates criteria
                                                HR will work along with managers &
                                                Supervisors to evaluate people and define key
                                                people and people with potential



                                                            HR prepares
                GM validates selection
                                                            Development Plan
                                                                                          12
It is a succesion planning or a
 development planning?

                              BOTH
       Because we will focus to develop people
                who add value to the
        organization or people with potential to
                perform key positions


We will have a pipeline   We will know if there
                                                  We will define
                           is key people in
                                                    priorities
                              key positions
Summary


                                         Development plan

                              Define key people, people
                               with potential and gaps


                         Assesment of people


           Identify competencies for
                Key positions



Identify key positions

                                                          14
What is a Development Plan?

   Includes, but is not only:

    Special projects
    Assesment
    Position rotation
    Mentoring-coaching
    Training (within the company)
    Training (out of the company)
    Task force assignement
    Back up plan
THANK YOU!

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Succesionplanning2

  • 2. What is a succesion planning?  It is the process to identify and develop key people and people with potential to assume key positions within organization.  Succesion planning allow us to develop and keep the best talent and guaratee business continuity at the same time.
  • 3. Why do we need a succesion planning?  As part of the business  Talent management strategy, we must have strategy includes identify key a talent management positions,key people and strategy people with potential  This strategy also, allow us  As consequence, we will to put our resources on the preserve the business and its talent who will produce strategy the best ROI 3
  • 4. Thinking in our Talent strategy  Which areas of our workforce to create add value ?  What skills and workforce do we need in the next 5 years? How are we going to have them? Are we developing our people in order to preserve business rentability?
  • 5. Definitions Key Position Impacts directly or indirectly organization strategy and only can be occuped by people properly prepared Individual whose knowledge, reputation and Key Person skills are critical to the viability and growth of an organization Person who has the capacity to perform in the People with potential future a higher position or positions with different or more responsabilities. We need to ask: potential for what? Potential must be a combination of aspirations (interests an motivations) and capacity (skills and competencies)
  • 6. First Step: Defining key positions  Has impact in the organization strategy. Company, area or department would have problems if functions are not performed. Key Position There is difficult to find candidates for the position Positions with high level of professional or technical knowledge . Relevant to the achieve company goals and objectives
  • 7. Second Step: Defining competencies  Core competencies Level competencies •Executive •Managers and Supervisors Competencies are •Technical and Individual contributors defined in several levels Related to soft and interpersonal skills  Position competencies Related to academic background and knowledge
  • 8. Third Step: Defining key people  First filter is performance evaluation people in key positions We evaluate the best performers according to the competencies Criteria defined Once we made this assessment we can define our key people and to know if we have key people in key positions We can define their career path and and development program
  • 9. Example- Senior Analyst Pedro Pérez Development Competencies defined Assessment Gaps Plan Position Competencies Academic Business administration degree (level C) Level C Excell Knowledege advanced (level C) Level B X English advanced (level C) Level C Level Competencies Soft Skills Leadership (level 2) Level 1 X Level 3: Capacity to influece other by his/her knowledge, without an authoroty position Critical Thinking (level 2) Level 3 Capable to analize data and to infer cause and consequences
  • 10. To whom the succesion planning is? Meet Expecations Needs improvement Exceed expectatios Poor performa Far exceed nce expectations 2%-5% 5%- 60%-70% 15%-20% 5%-10% 10% We can say that is for employees with good and outstanding performance, but Good performance it is not the same that high potential 10
  • 11. Third Step: Defining candidates with potential  First filter is performance evaluation According to the result of the assesments we can define our people with potential Criteria Define potential for which position or positions Rediness level (according to the gaps) Career path according to their skills and Knowledge Development plan
  • 12. How we can do these assesments? Human Resources GM validates criteria HR works along will develop with managers & guidelines to define Sup to define key Key positions positions HR works along with GM validates criteria managers & Sup to define competencies for key positions GM validates criteria HR will work along with managers & Supervisors to evaluate people and define key people and people with potential HR prepares GM validates selection Development Plan 12
  • 13. It is a succesion planning or a development planning? BOTH Because we will focus to develop people who add value to the organization or people with potential to perform key positions We will have a pipeline We will know if there We will define is key people in priorities key positions
  • 14. Summary Development plan Define key people, people with potential and gaps Assesment of people Identify competencies for Key positions Identify key positions 14
  • 15. What is a Development Plan?  Includes, but is not only: Special projects Assesment Position rotation Mentoring-coaching Training (within the company) Training (out of the company) Task force assignement Back up plan