Taking Care of Your Company's Future: 3 Best Practices for Succession Planning

Sponsored By SuccessFactors

Topics:

Budgeting & Planning > Planning

Employee Benefits & Human Capital > Professional Development

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Abstract:

More successful businesses are embracing succession planning to deepen their employee bench strength and ensure top talent at every level of the company. Once viewed as a boardroom activity among executives to fill top leadership positions, succession planning has evolved into a powerful tool focused on proactive — and ongoing — assessment, promotion, and retention of key performers throughout the business. And the benefits are huge: higher performance, improved morale, and a boost to the bottom line.

While company-wide succession planning and ongoing talent reviews are key to developing employees and maximizing the workforce, it's not uncommon for businesses to struggle with its role in the corporate culture, and more important, implementation. This eGuide addresses these issues and provides a roadmap to make succession planning strategy successful.

DETAILS

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Posted: August 18, 2008

Length: 10 pages

Format: PDF (683 kb)

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