Succession Planning

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The Succession Planning process ensures organizations have identified and developed a pool of highly qualified candidates to fill near- and long-term leadership positions. A succession plan instills a level of preparedness at the individual and organizational levels, ensuring targeted development and retention of future leaders needed to achieve goals. Companies with succession plans also experience the benefits of greater employee commitment and satisfaction. In addition, succession planning provides the opportunity to build a more diverse leadership population.

NEEDS		SOLUTION COMPONENTS
DETERMINE...	The ownership of the Succession Planning process and involvement of internal and external resources	Facilitation and Consulting Services
DEFINE...	Strategic objectives, goals, external business climate and the internal culture of the organization	LEA Culture™ LEA Strategic Directions™ Facilitation and Consulting Services MRG Research
IDENTIFY...	Specific roles that need successors Leadership competencies and the expertise required to perform roles	LEA Role Expectations™ MRG Research
EVALUATE...	The strengths and potential weaknesses of current talent pool Available performance information and input	LEA 360™ Customized LEA 360™ Individual Directions Inventory™ Facilitation and Consulting Services LEA Strategic Directions Audit LEA Best Practices Report MRG Research
CLARIFY...	High potential candidates and their individual career aspirations, interests and work:life considerations	Individual Directions Inventory™ Personal Directions® Facilitation and Consulting Services
PREPARE...	Development plans for high potentials including learning, coaching, mentoring, assignments and training	Facilitation and Consulting Services Strategic Leadership Practices LEA Strategic Directions Audit
INTEGRATE...	The succession planning program with other HR and organizational systems	Facilitation and Consulting Services
TRACK...	The impact of succession planning on promotions, assimilation period and success of candidates	Facilitation and Consulting Services LEA Culture™