Succession Planning: Developing Leaders from Within

Ensure your organization always has well-trained, experienced people in key positions.
Research shows that most companies have little or no deliberate succession planning in place—and aren’t fully aware of how much the lack of it can cost their organization, especially in an unstable economy. Managing the succession of talent is a vital strategic process that minimizes gaps in leadership and enables your best people to develop the skills necessary for possible future roles.

This seminar will show you how to design and implement an effective and flexible succession plan that will help your organization continue to grow and achieve its business goals.

• Onsite

How You Will Benefit

• Learn to formulate strategies for attracting, retaining and developing skilled individuals
• Know how to develop future leaders from within while retaining intellectual/operational expertise
• Be able to sustain business relationships that are vital to your organization’s success
• Develop a targeted approach to identify the competencies needed for specific positions
• Help increase retention by matching your company’s needs with the aspirations of individuals

What You Will Cover

• Succession planning: an overview of its importance, function and methodology
• The role of HR in setting up a succession planning system
• Forecasting future needs and strategic alignment
• Developing the succession planning process
• Building individual development plans
• Effective monitoring, measuring and follow-up processes

Who Should Attend