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Malaysian HR Congress 2007 Succession Planning
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],The Wall Street Journal Online
Session Outline   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Succession Planning ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning “ Global aging (Over the 1998 - 2008 period), more job openings  are expected  to result  from  replacement needs (34.7 million)  than from employment  growth in the  economy (20.3 million)”  (Braddock, 1999)
Succession Planning: an age old art H R ecruitment of appropriate candidate etaining the good performers
Getting the  right number  of people  with the  right skills , experiences, &  competencies in the  right jobs   at the  right time . Workforce Planning   Nancy B. Kiyonaga, NYS Department of Civil Service
Succession planning ensures that there  are highly  qualified members   for  all  important positions , not just  today ,  but  tomorrow,   next year,  and  five years  from now.  Succession Planning   Kathryn Towe Littleton
What does an organization lose if it does  not implement succession planning? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Success ion   Planning = Commercial   Success   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],HUMAN RESOURCE MANAGEMENT, VOL. 13 NO. 1 2005
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning… what is it?
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning… what is it?
Succession Planning… what isn't? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Succession Planning: the reality   ,[object Object],[object Object],[object Object]
Succession Planning @ Family run businesses   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sahad P.V. - Family Values
Succession Planning @ Family run businesses ,[object Object],[object Object],[object Object],[object Object],[object Object],Sahad P.V. - Family Values
Succession Planning @   ,[object Object],[object Object],[object Object],[object Object],[object Object],Sucheta Dalal, CHEQUES AND BALANCES
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning @
[object Object],[object Object],[object Object],[object Object],[object Object],Succession Planning @   Sucheta Dalal, CHEQUES AND BALANCES
Succession Planning @ Family run businesses ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],N. Srinivasan
Succession Planning @   India's largest pharmaceutical company ,[object Object],[object Object],[object Object],[object Object],ICFAI - Center for Management Research
[object Object],[object Object],[object Object],Succession Planning @   India's largest pharmaceutical company
Succession Planning @ Corporates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Department  (A) Key Position (1) Key Position (2) Department  (B) Key Position (1) Key Position (2) Department  (C) Key Position (1) Key Position (2) Current / Future Competencies and expected vacancies Assessment & Evaluation to identify Hi-Pos   Profiling of Prospective Leaders Individual development plans/Job rotation/Simulation workshops Independent Assignment Assessment of individual’s competency and skill gaps Bottom - up Succession Planning
Understand organization's long term goals & objectives Determine  Critical  Positions Assess  individual’s  competency  and identify  skill gaps   Identify  current and  future  competencies  for positions Identify  expected   vacancies Evaluate potential candidates as successor for key positions Determine the  individual’s  current  performance &  future potential Design  individual’s  development  plans Review  individual  development  plans to ensure  needs are  addressed
Steps of Succession Planning ,[object Object],[object Object],[object Object],[object Object],[object Object]
Succession Planning @  (Talent Review and Planning)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Express computer online
Succession Planning @   (Talent Review and Planning)   ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],Performance V/s.  Potential
Performance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Potential V/s.
[object Object],[object Object],[object Object],[object Object],[object Object],Performance V/s.  Potential
“ Future work potential is based on accumulated skills  and experience as evidenced by past achievement,  ability to learn new skills and willingness to tackle  bigger, more complex or higher quality assignments.” Charan, Drotter & Noel,  The Leadership Pipeline , Jossey-Bass, SF, 2001 Performance V/s.  Potential
Criteria for deciding Performance V/s. Potential mix ,[object Object],[object Object],[object Object],[object Object],BPO, Science & Technology, IT, Media R&D, Sales, Finance, Manufacturing Entry Level, Middle Level, Sr. Managers Management Trainees,  Newly Promoted Managers, New Job profile Performance V/s.  Potential
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],leaders@jacksonleadership.com  Performance V/s.  Potential
Performance V/s. Potential   H L H Performance Potential Competent / Capable Needs Improvement Plan exit Long Term employee New employee Misfit in the position   High Performer in current role Able to get things done Recognize the technical expertise Organize the transfer of knowledge Performance role model Lack ability to manage Determine career aspirations  Assist in developing leadership skills Misses performance expectations  Unorganized working Identify if unhappy in current role Create development plan Performance below expectations Rigidity in behavior  Recruitment error  Consider exit options Average Performer in current role Demonstrate desire to achieve Provide training & coaching inputs Recognize potential; offer support  Despite competence, performing low Awareness about perf. deficit missing Counseling to understand culture  Help him in setting priorities  Offer challenging stretch assignments Offer opportunities to develop others Jackson leadership
Putting Success into Succession Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Role of CEO & Senior Executives in Succession Planning ,[object Object],[object Object],[object Object],[object Object]
Role of CEO & Senior executives in Succession Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Bryan Hattingh
How to measure the effectiveness  of the Succession Planning ,[object Object],[object Object],[object Object]
Succession Planning - Check list ,[object Object],[object Object],[object Object],[object Object],[object Object],©2007 SHRM www.exceptionalleadership.com
Conclusion   ,[object Object],[object Object],[object Object],[object Object],[object Object],Washout visual – Courtesy TOI
Thank You Visual – Courtesy TOI

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Succession Planning By Vivek

  • 1. Malaysian HR Congress 2007 Succession Planning
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  • 7. Succession Planning: an age old art H R ecruitment of appropriate candidate etaining the good performers
  • 8. Getting the right number of people with the right skills , experiences, & competencies in the right jobs at the right time . Workforce Planning Nancy B. Kiyonaga, NYS Department of Civil Service
  • 9. Succession planning ensures that there are highly qualified members for all important positions , not just today , but tomorrow, next year, and five years from now. Succession Planning Kathryn Towe Littleton
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  • 25. Department (A) Key Position (1) Key Position (2) Department (B) Key Position (1) Key Position (2) Department (C) Key Position (1) Key Position (2) Current / Future Competencies and expected vacancies Assessment & Evaluation to identify Hi-Pos Profiling of Prospective Leaders Individual development plans/Job rotation/Simulation workshops Independent Assignment Assessment of individual’s competency and skill gaps Bottom - up Succession Planning
  • 26. Understand organization's long term goals & objectives Determine Critical Positions Assess individual’s competency and identify skill gaps Identify current and future competencies for positions Identify expected vacancies Evaluate potential candidates as successor for key positions Determine the individual’s current performance & future potential Design individual’s development plans Review individual development plans to ensure needs are addressed
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  • 33. “ Future work potential is based on accumulated skills and experience as evidenced by past achievement, ability to learn new skills and willingness to tackle bigger, more complex or higher quality assignments.” Charan, Drotter & Noel, The Leadership Pipeline , Jossey-Bass, SF, 2001 Performance V/s. Potential
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  • 36. Performance V/s. Potential H L H Performance Potential Competent / Capable Needs Improvement Plan exit Long Term employee New employee Misfit in the position High Performer in current role Able to get things done Recognize the technical expertise Organize the transfer of knowledge Performance role model Lack ability to manage Determine career aspirations Assist in developing leadership skills Misses performance expectations Unorganized working Identify if unhappy in current role Create development plan Performance below expectations Rigidity in behavior Recruitment error Consider exit options Average Performer in current role Demonstrate desire to achieve Provide training & coaching inputs Recognize potential; offer support Despite competence, performing low Awareness about perf. deficit missing Counseling to understand culture Help him in setting priorities Offer challenging stretch assignments Offer opportunities to develop others Jackson leadership
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  • 43. Thank You Visual – Courtesy TOI