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How to Avoid Talent Gaps with Data-Driven Succession Planning

Visier

According to the Association for Talent Development , only 35% of organizations have a formalized succession planning process. As with most things, the best way to manage these risks is to be prepared and to have a plan. Below, I outline different ways people analytics can be used to support these processes.

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11 Succession Planning Best Practices to Follow in 2024

Analytics in HR

Poor succession planning can be incredibly expensive. But with a rock-solid succession planning strategy, you can ensure a smooth transition of leadership, minimizing disruption and maintaining stability. Contents What is succession planning? 11 succession planning best practices to follow 1.

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People Analytics and HR-Tech Reading List

Littal Shemer

This list of People Analytics and HR-Tech books is not exceptional. So here is my People Analytics and HR-Tech reading list on Kindle (no paper books, as I like the trees), ordered chronologically from newest to oldest. People Analytics – Build the Value Chain This book, by Littal Shemer Haim , is not a typical textbook.

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Workforce Planning Model: Process, Benefits, Elements & Examples

HR Lineup

Workforce planning allows companies to anticipate these changes and develop strategies for adjusting their workforce accordingly, ensuring continued success in a rapidly evolving landscape. Succession Planning: Workforce planning enables organizations to identify and develop internal talent, creating a pipeline of potential leaders.

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Top Strategies for Effective Headcount Planning in the Modern Workplace

hrQ

Aligning With Business Strategy Effective headcount planning requires an acute awareness of a business’s immediate, intermediate, and long-term objectives. This strategic alignment may encompass boosting diversity and inclusion, breaking into new markets and hitting specific revenue milestones through cooperative and uniform procedures.

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Harnessing Data in HR: Role of Recruitment CRM in Driving Informed Decisions

HR Shelf

Diversity and Inclusion : Data allows HR managers to evaluate diversity in the workforce , ensuring that recruitment strategies are inclusive and representative of society’s multifaceted nature. Succession Planning : CRMs provide insights into internal talent, aiding succession planning and internal mobility.

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How HR Can Create a Comprehensive Talent Strategy

Analytics in HR

The right talent management strategy can move beyond typical activities such as talent acquisition and performance management to managing talent relationships and creating a more diverse and inclusive talent system. Succession planning Succession planning is another important component of any talent strategy.