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The Ultimate Guide to Succession Planning: Building a Strong Talent Pipeline for Smooth Leadership Transitions 

Accendo Technologies

Succession planning is critical for organisations to ensure smooth leadership transi tions and long-term success. In our comprehensive guide, we explore why succession planning is important , the challenges of succession planning , and the strategies requ ired to overcome them. Let’s dive in!

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The Ultimate Guide to Succession Planning: Building a Strong Talent Pipeline for Smooth Leadership Transitions 

Accendo Technologies

Succession planning is critical for organisations to ensure smooth leadership transi tions and long-term success. In our comprehensive guide, we explore why succession planning is important , the challenges of succession planning , and the strategies requ ired to overcome them. Let’s dive in!

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8 Questions to Ask for Effective HR Reports

EmployeeConnect

Data-based decisions generate 6 percent higher profits than decisions made without data input according to an MIT study. The ability to generate custom HR reports is critical because the benchmarking process varies widely among departments and company stakeholders. Do we agree on definitions? What format communicates the message best?

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Fortune 500 Pharmaceutical Company Case Study: Assessment-Based Succession Plan Improves Turnover in Key Scientist Role

XBInsight

In order to address this problem, XBInsight identified the need for a robust succession plan that included: Creating a benchmark for the next level position to measure the readiness of these scientists to be promoted to this role. The Preparation.

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What Is Human Resources?

Analytics in HR

Through workforce planning, talent management, succession planning, and applying other HR best practices , HR professionals ensure that the organization has the required talent to keep operating and meet its long-term goals. Look for online training programs suitable for beginners , which you can start anytime at your own pace.

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What is a (Good) Promotion Rate and How To Calculate It

Analytics in HR

Knowing how to calculate the promotion rate and benchmark your internal promotion rate against competitors allows businesses to understand how well they are promoting from within and pinpoint areas where promotion policies and practices could be improved. SHRM’s benchmarking report states that the average promotion rate is 6%.

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How to Identify Future Leaders with Talent Analytics

Analytics in HR

Castilla, Professor of Management at the MIT Sloan School of Management, defines talent analytics as “a data-driven approach to improving people-related decisions to advance the success of not only the organization but also of individual employees.” There will also be data analyzed on coaching efficiency and tactics.