Succession Planning and Development

Overview

Course duration: 1 day.

This course is run in partnership with JSB.

This seminar will help you create an organisational culture and environment that supports succession planning, link it to the wider HR agenda and create appropriate development interventions that successfully engage and retain the best talent.

At the end of the one-day interactive training, you will have determined your top priority next steps in your organisation's succession planning strategy. You will have built this skill set and knowledge through discussion of latest thinking and how it applies to your organisation, group case study analysis of other organisations’ activities and self-assessment of your own organisation’s needs against the principles.

According to a 2009 survey by Bersin & Associates, companies with mature, integrated talent management strategies have lower turnover and higher productivity. They are 94% more likely to have the “the right people in the right job” and have 40% lower turnover among high performers. But operating strategic succession planning requires a depth and breadth of understanding of what is critical to your organisation’s sustainability.

Is it right for me?

Designed for HR directors and managers, HR officers and advisors, HR business partners, learning and development experts, resourcing specialists

What will I learn?

Seminar highlights:

• Develop your ability to bring engagement and support succession planning to your organisation
• Gain a better understanding of identifying potential and the processes to effectively support succession planning and talent management
• Identify appropriate development interventions for your organisation's succession planning initiative
• Develop your skills and knowledge to manage individual's expectations and aspirations of the succession pool
• Learn how other organisations have successfully implemented succession planning that made a difference
• Measuring the success and ROI of succession planning

What will it cover?

Succession Planning demystified

• What it is and how it fits with your talent strategy and management
• Why you undertake Succession Planning and what the benefits are
• Latest research and findings on Succession Planning and Development

Defining what is critical in Succession Planning for your organisation’s success

• Defining the talent critical to your organisation`s objectives and success
• Planning for the next generation of leaders
• Identifying the critical roles and pathways

Your organisation’s philosophy and approach to succession planning

• Understanding the dynamic and iterative nature of developing and introducing Succession Planning effectively in your organisation
• Creating an organisation culture and environment that supports Succession Planning, and the role of senior management
• Linking Succession Planning to the wider HR agenda
• Potential pitfalls of Succession Planning, including managing equality of opportunity and diversity

Identifying Potential: the perils of talent spotting

• Identifying the characteristics of ‘talent’ for the future
• Identifying performance, potential and individual motivation Processes and mechanisms to support Succession Planning and Talent Management
• How to select tomorrow’s leaders and consider Succession Planning at different career stages
• Identifying stakeholders in Succession Planning and their roles and responsibilities
• Case study examples

Developing your talent pool

• Selecting a blended learning and development approach to Talent Management for Succession Planning
• Case study examples

The individual in Succession Planning

• Engaging and retaining talent, and managing expectations and aspirations
• The individual’s ownership of their progression
• Entering and exiting the succession pool

Measuring the success of your Succession Planning strategy

• Tracking talent and monitoring impact
• Proving ROI

Action planning

• Your key actions to be implemented when returning to work