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How to Overcome These 7 Succession Planning Challenges

Analytics in HR

Succession planning is a complex process, especially in the fast-changing economic environment that we find ourselves in. To help you successfully guide your organization through these dynamic times, let’s take a look at the most common succession planning challenges and how you can overcome them.

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Succession Planning

Anamcgary's Blog

Succession planning shouldn’t be used just for executive positions. Unfilled and unplanned vacancies cost companies about 50 percent more in lost revenue than the salary for the vacated job itself, according to a 2013 Mercer study. Assess employees’ competencies. Assess employees also for core values.

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People Analytics and HR-Tech Reading List

Littal Shemer

Features tied to SHRM competencies and data exercises give readers hands-on opportunities to practice the analytical and decision-making skills they need to excel in today’s job market. Competing on Analytics: Updated, with a New Introduction: The New Science of Winning Thomas Davenport and Jeanne Harris (2017).

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How To Conduct An Effective 360 Degree Feedback?

Engagedly

About 60% of top development companies are using 360 degree feedback for both development and decision making for high-potential identification, confirmation of potential, and succession planning purposes – Bracken and Church(2013). Pre Decide The Competencies. Problem-solving. Interpersonal Skills. Motivation.

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How Smart Talent Management Can Shift the Employee Productivity Curve

Cornerstone On Demand

The curve shows that an employee naturally becomes more productive as she progresses through her job and increases her comfort level with responsibilities, plateauing after all competencies are learned for a certain role. Identify high-potential employees, and offer them opportunities to grow and test skills for future roles.

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Global HR Competencies ~ HR to HR 2.0 and Human Capital (HCM)

Strategic HCM

Global HR Competencies. Ive previously provided a quick reaction to Ulrichs newest competencies and will probably provide more commentary on them from the Middle East HR Summi t where I see him next. But then I look at each new framework and the competencies do always seem to resonate with what Im seeing developing within HR.

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 How to deal with ageism in the workplace

Ongig

Equal Employment Opportunity Commission reported 195,958 age discrimination charges between 2013-2022 According to AARP, 41% of older job seekers were asked—either on an application or in a job interview—to provide their birth date, graduation date(s), or other age-related information. Consider the following statistics: The U.S.