Performance Management Strategy Succession Planning 
Extensis
JANUARY 15, 2025
Quick look: A new year is here, and with it comes a fresh set of workplace trends, from further incorporating artificial intelligence into daily tasks to designing comprehensive succession plans. As a result, in 2025, organizations will prioritize coaching and training their management staff.
15Five
JUNE 6, 2025
Key takeaways A strategic investment in human resources leads to higher employee retention, stronger succession planning, and a boost in shareholder value. Performance management: Including transitioning from outdated methods like annual reviews to continuous feedback systems. A growing base of institutional knowledge.
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Digital HR Tech
FEBRUARY 24, 2020
A rapidly aging workforce and a growing need to upskill people make succession planning – and therefore the use of succession planning tools – increasingly important. As a result of these changes, succession planning – and the tools that go with it – become more and more important for companies.
Business Management Daily
AUGUST 6, 2024
To avoid the stress and uncertainty of these transitions, it’s helpful to create a formal succession plan for your most critical roles to prevent operational disruptions when the time comes for a key employee to leave your organization. What is succession planning? Ideally, you should already be doing this.
Primalogik
NOVEMBER 14, 2024
Successful career pathing will make work more exciting, bolstering motivation and leading to greater satisfaction on a daily basis. As such, it should be a key aspect of continuous performance management in any organization. HR : Your HR team can lead succession-planning efforts that support career-pathing discussions.
Extensis
NOVEMBER 9, 2023
Quick look: While the terms talent management and performance management are often used interchangeably, they play different (yet equally important) roles in a company’s human resource function. While the two terms may seem similar, they represent distinct approaches with unique objectives.
AIHR
AUGUST 20, 2024
Performance management strategies are crucial for driving results. Gallup and SHRM found that under 20% of employees find their performance reviews inspiring, and 95% of managers are dissatisfied with their organizations’ review systems. It’s clear that performance management is effective.
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