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Succession Planning and Talent Management

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Dave Brookmire
Dave Brookmire

This document discusses best practices for succession planning and talent management based on research findings. It emphasizes the importance of aligning succession planning with business strategy and having CEO involvement. Effective practices include broadcasting leadership competencies, using multi-faceted assessments including employee input, rigorously managing performance, implementing multiple leadership development methods, measuring leader results, and having senior leader accountability.

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Empowering Organizations to Achieve Extraordinary Results Succession Planning and Talent Management: Supporting the Business Strategy August 19, 2010 Copyright © 2010, Corporate Performance Strategies, All Rights Reserved
Most values elements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Common myths held up as “truths” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],NO WAY!!
What is the research telling us? ,[object Object],[object Object],[object Object],[object Object]
Zapp Inc. leadership development programs NOT ABOUT THE PROGRAMS Title Target Audience Focus Advanced Management VPs+ General management Leading Ways Directors Functional excellence Building Leadership Managers Inspirational leadership Introduction to Leadership Supervisors Management 101 Advanced Collaboration Sr. Professionals Cross-functional effectiveness
Zapp Inc. HR metrics ,[object Object],Turnover Industry Experience Productivity Time to Fill % Ready 1-3 years % Internal Promotions # Diversity Fills % Development Plans Completed Performance Ratings Education Levels Years of Experience Engagement
Zapp Inc. business cycle planning processes ,[object Object],[object Object],[object Object],[object Object],NOT ABOUT PROCESSES
[object Object]
What really works……. ,[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]
Aligning succession planning with business imperatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],$2.5B Consumer Products Company ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],To increase the value of the company Vision Strategic Objectives Leadership Competencies Guiding Principles
[object Object]
Broadcast competencies Financial Acumen Talent Development Teamwork ,[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]
Multi-faceted assessments
Employee input
Top talent Top-grading priorities Leadership Issue / future top-grading possibilities Seasoned Pros Rigorously manage performance Results Against Plan- the “What” Exceeds Expectations Meets Expectations Does Not Meet Expectations Does Not Meet Expectations Exceeds Expectations Meets Expectations Leadership Behaviors - the “How”
How leaders develop CCL Research Experience ,[object Object],[object Object],[object Object],Exposure ,[object Object],Feedback & Coaching ,[object Object],[object Object],Education & Training ,[object Object],[object Object],Value
Individual Leader Effectiveness Leading Effective Teams Leading Effective Organizations Exposure and Assignments Coaching High potential development
Senior leader accountability Promotable Seasoned Pro Hold in Place Too New Manage Out
Measure and track leader results 360 Engagement
Measure and track leader results
Track key metrics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What 3 best practices would be most impactful in your company? ,[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]
Where to begin…… ,[object Object],[object Object],[object Object]
CPS Contact Information Please send feedback or questions to: Dave Brookmire – 404-593-5001 [email_address] www.cpstrat.com
Representative Clients Copyright © 2010, Corporate Performance Strategies, All Rights Reserved

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