Systematic succession planning ensures a seamless transition . Top organizations believe in having a slate of high potential leaders.
Conference Board of Canada
There will be a severe shortage in senior level management talent. The high cost of exposure and risk associated with C level Executives and Boards will make it extremely hard to fill executive positions with talented individuals. One analyst suggests up to 70% of executives will change companies over the next three years.
Top trends to impact your organization in 2005. (HR.com)
TheSolution:
Succession Management
Partnering with the VELOCITYworks consulting team results in a practical and visual succession plan clearly identifies leadership strengths and opportunities for talent management.
The Succession Management solution will quickly and effectively provide your senior management team with a succession plan snapshot, without drowning them in a sea of paper and reports. This solution links in a customized fashion to your performance management systems and other talent identification processes, to help organizations find the gaps before its too late.