Talent Review & Succession Planning
It's important to have your finger on the pulse of your best talent and to avoid getting caught off-guard when it comes to talent management. Being unprepared for employee exits, especially at the senior level, can lead to costly hiring mistakes. Stay ahead of the talent management game with our Talent Review & Succession Planning offerings.
Talent Review
Each employee completes an Individual Talent Profile which showcases their education, experience, languages spoken, strengths, development needs and career aspirations.
Each employee is discussed by the leadership team (based on their individual talent profile and performance review); then placed on the performance / potential chart. Development needs are identified and recorded for each person.
Succession Planning
After placement on the performance/potential chart, each employee’s career aspirations are reviewed and successors are identified for the Leadership team or one level down. Each successor is reviewed and the readiness timeline is determined. If, at the end of the process, there are positions with no successors, this is noted as a risk for the business and an emergency or interim successor is selected.
Talent Review & Succession Planning
Development Actions / Interventions
- Training
- Cross functional experience
- Job shadowing / Job Rotation
- Special project
- Committee participation or chair
- Observe an Executive meeting
- External coach, Mentor (internal/ external)
- Book (discuss and implement)
- People management responsibilities
- Participate in strategic planning
- Opportunity to engage with the Leadership Team
- 360 leadership assessment Psychometric assessment
- Professional associations
- Manage a change initiative
- Install a new process/system
- Perform a post-mortem on a recent big project
