Growing Talent for Succession
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As the global economy slowly climbs out of recession, succession planning is the last thing on many companies’ to-do lists. It shouldn’t be. Lean employee resources mean it’s all the more important to do things right, by hiring and promoting the best people for new strategic directions. And that takes planning. Growing Talent for Succession is a playbook that explains how every business can lay the foundation for a growing talent (GT) plan. Such plans typically consist of four phases: linking GT to strategy, managing the talent pool, accelerating talent development, and measuring their own impact. This playbook describes each phase in detail, with examples and actionable worksheets to help companies devise and develop their own GT plans, ensuring they are making the most of their talent assets at all levels.