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Succession planning should be applied to all employees—not just top executives

HR Brew

But imagine if they had to do the same for the entire organization… Well, if you ask Colin Klein, managing director and co-founder of learning and development platform Skills Copilot for Microsoft 365, HR leaders should have succession plans for every role. To that end, he suggested a skills-based approach to succession planning.

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Walmart’s first chief talent officer explains her role

HR Brew

Talent shortages have and will continue to make it difficult to hire, particularly for hard-to-fill roles, meaning organizations must also think about how existing talent can be trained or developed to meet these needs. In April 2024, Walmart created its own chief talent officer position.

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CEO Succession Planning: Your 2024 Comprehensive Guide (+Free Template)

AIHR

CEO succession planning is more important than you may realize. The researchers estimate that better succession planning could help the large-cap US equity market achieve 20% to 25% higher company valuations and investor returns. Contents What is CEO succession planning?

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Free Succession Planning Template and In-depth 2024 Guide

AIHR

Formulating a succession planning template helps to define the purpose and key components of your succession plan. This detailed template can help you chart primary functions and orientate your organization’s succession planning journey. Contents What is a succession planning template?

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How to Build a Succession Plan for Your Organisation

EmployeeConnect

Succession planning is one of the most strategic and impactful processes an organization can undertake. The reality is, succession planning should be a proactive, ongoing process to secure the organisations long-term success. Why Succession Planning Matters Succession planning is essential for a variety of reasons.

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13 Practical Performance Management Strategies To Implement (In 2024)

AIHR

Performance management strategies are crucial for driving results. Let’s unpack what performance management is, why it matters, and what effective performance management strategies you can implement in your organization today. What are performance management strategies? Why are performance management strategies important?

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Talent Management Strategies To Retain Top Performers

Hppy

Strong talent management strategies increase employee engagement by 16% and revenue by 19%. So, in this article, we’ll explore effective talent management processes and engagement strategies to help you retain your top talent. This information can help you anticipate future talent needs and adjust your hiring strategies accordingly.