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Succession Planning by the Numbers: 3 Best Practices

Oracle HCM - Modern HR in the Cloud

Most years, 10% to 15% of global corporations replace their top leaders because of resignation, dismissal, retirement, or health problems, and in 2015, more than 16% had to replace their CEOs, according to PwC research. But today’s HR leaders have new tools available to help design successful succession planning strategies.

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Succession Planning and Identifying Future Leaders Is Key to Growth

Reflektive

For example, you are able to watch an employee lead a department meeting in slow motion to see exactly how she involves others and stays on message. In 2015, 86 percent of companies globally cited “gaps in their leadership pipeline” as one of their top three issues. Succession Planning: A Call to Action. Consider Bias.

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People Analytics and HR-Tech Reading List

Littal Shemer

It will also introduce machine learning and where it fits within the larger HR Analytics framework” Handbook of Regression Modeling in People Analytics: With Examples in R and Python Keith McNulty (2021). It includes examples, such as employee engagement, performance, and turnover. People Analytics for Dummies Mike West (2019).

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Eightfold

HR Lineup

The company was founded in 2015 and is headquartered in Mountain View, California. For example, it can assist with resume parsing, candidate matching, and performance tracking. It can also provide insights and recommendations for career development and succession planning.

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More Results from the 2015 Policies Survey!

HR Daily Advisor

Yesterday’s Advisor began to explore BLR’s 2015 Policy Practices Survey. Thanks to all 1,414 individuals who participated in the survey, conducted in July 2015. Join us on Wednesday, September 30, 2015, for a new interactive webinar— Strategic Planning for HR: A Blueprint for Creating Aligned and Adaptable Plans.

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Why Banking On Your Workforce Boosts Business Results

Visier

A 2015 report by Deloitte indicates that in order to tackle HR’s challenges, “CHROs may… consider revising their HR technology strategy and upgrading the skills of their HR teams to reinforce their analytical skills and integration with the business.”. A risk-mitigating process like succession planning works best if it involves data and fact.

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Mobile Recruiting Websites—Good Examples and Strategic Approaches

HR Daily Advisor

Today, Adams shares a good example of a mobile site, plus several ways to best approach recruiting via mobile. For a good example of a site, Adam suggests checking out Jobs.PapaJohns.com. For example, two places to avoid: Subway cars (There’s no phone service down there.). There is a reason to scan. Are you prepared?