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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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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 Steps for Building an Effective Talent Pipeline

Oracle HCM - Modern HR in the Cloud

In the 2017 Deloitte Global Human Capital Trends report , 83% of respondents to the survey ranked “attracting skilled resources” as a top-three concern. If you use succession planning and “what-if” scenario modeling, you’ll be able to objectively choose where to devote precious recruiting resources and budget.

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HR’s Role in Helping Organizations Accept Feedback

HR Bartender

Be sure to check out their 2017 State of Talent report , which provides an in-depth analysis of the issues that matter most to human resources.). HR also needs to hear from management that the organization’s replacement and succession planning efforts are meeting the company’s talent needs. Feedback is about performance.

SilkRoad 327
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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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Banking Industry Plans to Increase Hiring, Salaries in 2018

HR Daily Advisor

The labor market is tightening and turnover is increasing, but banks are planning to grow employment, according to data from the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey. This year, the survey also asked about CEO/executive succession planning. since last year, for a compound 9.6%

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People Analytics and HR-Tech Reading List

Littal Shemer

The book introduces these areas and guides on building the connectivity across domains required to establish well-rounded skills for individuals and best practices for organizations when applying advanced analytics to workforce data. “The book focuses on the use of information technologies in talent management.