Sessions
Concurrent Session
Demystifying Succession Planning: It's Easier Than You Think!
S105
Wednesday 06/20/2018 10:00 AM - 11:15 AM
1.25 SHRM PDCs
| Competencies: Relationship Management, HR Expertise, Business Acumen
| Intended Audience: Senior-Level
Workplace Application:
You will learn how to create or improve your succession plannning process to ensure you are keeping your talent pipeline full for future needs.
A cornerstone component of any talent management strategy is succession planning. Succession planning is a necessary and fundamental planning process to ensure the viability of your business. More than 75% of all companies still don´t have a formal succession planning strategy. Why? Because developing, implementing, funding and managing succession planning can be challenging and cumbersome. The good news is that it doesn´t have to be! You are most often deemed the business group responsible for driving the understanding of the performance potential of existing employees and mitigating talent risks in the workforce. Learn how easy succession planning can be! This session will:
- Discuss the key factors to consider in building a succession plan that is scalable, sustainable, and most importantly engaging so you know your talent better than you ever have before.
- Shatter the barriers and assumptions about succession planning and learn how to overcome them with practical tool and tactics.
- Provide actionable next steps no matter where you are in the planning process.
