What is succession planning?
Succession planning is the process through which organisations identify and develop potential future leaders, senior managers or business-critical positions. Succession plans which are pulled together from various sources are cumbersome to create and soon become out of date. Succession planning software changes that.
What are the benefits of succession planning – and succession planning software?
- More accurate planning for the future
- Confidence that your data is up-to-date and relevant
- Highlight areas of succession risk and help minimise business risk.
- Spot those with potential – and where bottlenecks might occur.
- Offer career paths and development for talent
- Enable employees to indicate their own career plans
Want to know more about Succession Planning, Models and Templates?
Get up to speed on how to introduce robust succession planning – and, when you’re ready, get hold of our Ultimate Guide to Succession Planning eBook.
It explains the fundamental activities of defining critical roles, identifying potential and managing the talent pool through succession planning talent review meetings. Request your copy to be sent straight to your inbox.
Succession planning software: providing a strategic line of sight
Talent Successor is online succession planning software like nothing else. It embeds succession planning throughout your organisation, ensuring talent continuity.
Succession planning has moved on from the days of spreadsheets, talent reviews behind closed doors and only the top talent being considered. Succession planning now touches all those across the organisation.
Talent Successor supports you to do this.
Up-to-date and accurate. A single and straightforward-to-configure-and-use platform to accommodate all talent – however you choose to define this. No more spreadsheets, just real-time data at the click of a button.
Strategic line of sight. Talent Successor offers a strategic ‘line of sight’ for key talent in your organisation – where they are today and where they could be. You can build specific talent pools and see immediately the gaps between current capability and that needed for the future. You will be able to answer key talent questions asked of you by your Board and build robust and realistic succession plans.
You may also want to learn about how 360 degree feedback can help spot potential.
How online succession planning software supports your organisation.
- Uncovers employees with experience and skills for specific roles.
- Lets employees identify themselves for progression.
- Identifies those with high potential and maps their progress.
- Supports meaningful career conversations.
- Builds talent pools for ‘at risk’ posts and vacancies.
- Informs Succession Planning Talent Review meetings.
- Finds out what development is needed to ensure delivery of the succession plan.
- Monitors progress of succession plans.
Related information
Build on a recovering economy with effective succession planning tools
Now is the time to make sure your succession planning is fit for purpose. Read more >>
Revisiting the Consumerisation of Succession Planning
Adapt your succession planning to reflect so-called portfolio careers. Read more >>
Build Succession Plans based on solid Career Conversations
We’ve blogged before about Succession Planning and taking the organisational view to manage business risk. Now let’s bring in the ‘flip side’ of the Succession Planning equation – the ’employee voice’. Read more >>
Using a 9 Box Grid: an invaluable tool for succession planning
How do you get an overview of the performance and potential ratings of your current talent pool? A 9 Box Grid – or Performance / Potential Grid – lets you do this. Just make sure your succession planning software generates these for you! Read more >>
What is Succession Planning?
Succession planning is about identifying the critical posts in your organisation, creating a talent pool of key talent and then managing this group, reviewing regularly and as vacancies arise. Read more >>
Succession Planning: analysing key talent data at HomeServe
HomeServe introduced Talent Successor to identify and track readiness of its key talent and to centralise talent data across its operations. Read More >>
Reinventing Succession Planning at McDonald’s
McDonald’s has moved away from a paper- and spreadsheet-based talent management approach and deployed Talent Successor to capture career aspirations, support career conversations and manage succession and talent risk. Read more >>
Talent Successor Summary Features
- Multi-lingual interface and preferred language settings
- Create Skills, Capability, Qualification Frameworks
- Organisation chart display of team structure including succession status, potential, flight risk, span
- Create Talent Pools to succeed person, role, vacancy, other
- Percentage match against role profile for each member of a Talent Pool
- Gap Analysis from Talent Pool
- End-user functionality to edit an About Me skill profiles, with Manager ‘verification’
- Administrator/Manager/HR Business Partner access to extended items (talent category, flight risk, potential rating)
- End-user can specify future roles
- Managers can specify future roles with time frame
- To create a grid showing users plotted against a performance and potential axes, including within grid positioning for flight risk and readiness
- Extensive Search, Alerts, Reporting, Benchmarking and exports
Get in touch for a full feature listing.
Ready for the next step?
Book a call. Let’s talk about what you and your organisation need, see how Talent Successor works and explore how it will support you.
Read our succession planning flyer for an overview of Talent Successor.
Watch our Talent Successor videos
Succession Planning
a new model - One
Hear about the latest research and thinking on talent and the implications for succession planning
Succession Planning
a new model - Two
Continues to explore how talent views their career and the impact this has on succession planning
What metrics should
we use when looking
at talent
Looks at the key metrics that will give an insight into our management of talent
Book a Talent Successor Demo
We’d love to explore with you how our online succession planning software may support you – and we can do this by taking you through a demonstration.
Please complete the form and we’ll get back to you to confirm and send you details.
In summary, Talent Successor:
- Gives a strategic ‘line of sight’ for key people in your organisation – where they are today and where they could be.
- Lets you build specific talent pools and to see where the gaps are between current capabilities and those needed in the future.
- Uncovers employees with experience and skills for specific roles.
- Answers key talent questions asked of you by your Board relating to succession planning.
- Monitors progress of succession plans.
Become a partner
The Talent Successor technology is available to partner organisations that want to make use of its power and flexibility to run succession planning software for their clients.
Visit our Consulting Partners page for more details.
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