Succession Planning
Everything running fine at the moment? No vacancies for senior managers? Sit back for a few minutes and enjoy the feeling. However don’t gloat for too long. Answer the following 10 questions to understand if there are issues that could derail your future business strategy:
- Are you looking for leadership style that drove past success? This might not be sufficient for your future business.
- Do you have a clear view of leadership skills or roles critical for your future business success?
- How does your current bench strength match up to future leadership requirements?
- What’s the age profile of your current leadership team? How long have you got to find successors?
- Do you have successors identified and ready to fill mission- critical roles?
- Do you really know the capabilities of your next generation leadership possibles?
- Are your future leaders unprepared to drive business strategy/ growth at the rate required?
- Are your failing to retain leaders in key roles?
- Is your data on Talent sufficiently accurate, accessible
and/or actionable?
- Are your Talent management activities disconnected and under-delivering?
Recruitment is an expensive and time-consuming process. Getting it wrong can be a disaster. Let Gradient help in the Succession Planning process and provide continuity at the same time.