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Effective Succession Planning: Determining a Talent Pool for Key Positions

Overview/Description Do you want to take the guesswork out of determining your company's future and avert a crisis if key positions are left vacant? Building a talent pool for your organization is a deliberate, systematic effort to find high-potential employees for key positions within your workforce. It's a smart business decision to assess current and future talent. In this course, you will learn about the process for determining the availability of talent. It covers the criteria for identifying key positions and the importance of planning for future key positions in your company. This...

Implementing and Assessing a Succession Planning Program

Overview/Description Succession planning involves more than just identifying high potentials for key areas and positions. How do you prepare those individuals for future work requirements and performance? And how do you know if your succession planning program is working? You have to systematically close the development gaps between what possible successors can do and what they'll be required to do for future positions. This involves creating individual development plans that meet professional growth expectations and organizational objectives. Once implemented, you then need to monitor your...

Initiating Succession Planning

Overview/Description What if one of your key people suddenly left the position? If this person's role affects your business ventures, direction, and productivity, could you find the talent you need if you only had very little time to do it? Would you scramble trying to replace that person by placing ads, phoning contacts, and taking the first available suitable replacement? You can eliminate such scenarios through succession planning. This can also help you develop talent for your organization for key roles that impact business initiatives and productivity. An effective succession planning...

Succession Planning and Management Programs

Overview/Description Every company should have a succession plan. This Challenge examines common organizational succession planning strategies. Target Audience Individuals responsible for leading teams either occasionally, for example as project managers, or more permanently as team leaders or line managers. Expected Duration (hours) 0.2 Lesson ObjectivesSuccession Planning and Management Programs

Succession Planning

Overview/Description Succession planning provides an organization with an understanding of critical roles and functions. Here we discuss the strategies that allow a manager to maintain personnel in key areas. Target Audience Individuals responsible for leading teams either occasionally, for example as project managers, or more permanently as team leaders or line managers. Expected Duration (hours) 0.1 Lesson ObjectivesSuccession Planning

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