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Succession Planning: Essential Guide for HR

Analytics in HR

Succession planning is essential to ensure critical roles in a company are not left vacant for extended periods or filled by people who don’t have the skills or knowledge to perform in the role. That means that over half of the organizations the surveyed HR professionals work at didn’t have a plan.

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7 Must Haves in a Proven Talent Management Solution

ClearCompany HRM

Most experts agree there are 7 components to comprehensive talent management : Employee Planning. Sourcing, Recruiting, Interviewing, Hiring (Talent Acquisition). Performance Management and Employee Feedback. Succession Planning and Leadership Development. Formal and Informal Learning.

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Masterful Succession Planning: Avoid These 6 Costly Mistakes 

Accendo Technologies

Succession planning is a critical component of business, yet many C-suite executives struggle to create effective plans, leading to disruptions when leaders depart. This blog delves into the importance of comprehensive succession planning, the challenges that arise, and the common mistakes to avoid.

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4 Economic Trends Impacting Talent Today

ClearCompany HRM

In 2017, the Bureau of Labor Statistics reported 55 million people in the U.S. While various studies seem to contradict these numbers , the fact remains that HR professionals must grapple with gig workers from hiring and outsourcing to benefits and succession planning. The Gig Economy. are “gig workers.”

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Critical Succession Planning

MapHR

Between 2017 and 2027, a talent shortage of 8.2 That makes succession planning all the more important for the HR professionals doing their best to minimize the impact on their respective companies. The problem is succession planning is not always seen as paramount strategy. It is certainly a costly one.

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5 Things Keeping Financial Services HR Teams Up at Night

Cornerstone On Demand

Accenture found that the average cost of cybercrime for the industry has grown by 40 percent over the past three years, from $13 million per firm in 2014 to $18 million in 2017—that includes regulatory fines, legal expenses, restoration of customer losses and other costs.

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9 Talent Management Keys Toward Digital Transformation and Your Self-Developing Organization

Lumesse

9 Talent Management Keys Toward Digital Transformation and Your Self-Developing Organization Published date: May 2, 2017 Home. The true first step toward achieving this optimization of your workforce and digital talent pool is through the collaboration of your HR and IT departments. Meet our Bloggers. Contact Us.