Succession Planning
Effective succession planning helps your organization build a strong leadership pipeline, ensure continuity and retain top talent. We help you to identify succession candidates, determine their readiness and create a comprehensive plan to prepare them to assume executive responsibility.
How it Works
Our process helps leaders to:
Identify the Performance Profile of Key Positions
Organizations first need to identify the critical knowledge, experience, capabilities and personality factors required for success in key positions.
Assess Potential Candidates
Once key positions are identified and performance profiles established, succession candidates are evaluated for their readiness and suitability to assume those positions in the future.
Our assessment typically involves a review of career and performance history, an intensive interview, a 360° assessment and a complete battery of objective tests to evaluate personality and critical thinking.
Recommend a Tailored Development Plan
We provide candidates with a detailed description of their development needs to prepare for promotion. We recommend assignments and specific development actions to enhance skills, knowledge, and competencies required for the target roles. The plan may include mentoring, coaching, job rotations, specialized training and educational opportunities.
Implement Transition Plans
When an executive position becomes vacant, we enable organizations to smoothly transition the identified successor into the new role, minimizing disruptions and ensuring continuity via our Executive Transition Lab.