Succession planning is all about successfully deploying a strategic HR process through which top managers can identify, assess and develop their staff members to make sure they are ready to assume key roles within the organization. Put simply, effective succession planning supports organizational stability and sustainability, which are crucial in achieving long-term business goals.
In today’s business environment, where employee turnover is inevitable, organizations are forced to think about the impact on their services or their ability to fulfill their mission if a key staff member decides to leave the company. With a succession planning program in place, HR leaders can identify possible career goals and draw up realistic career plans for employees. Effective succession planning builds bench strength.
Develop the leaders of tomorrow
NorthgateArinso triggers HR leaders to think actively about key questions that influence your business:
To assist you, NorthgateArinso brings together the tools and expertise to help automate the succession planning process and reduce the complexity, efforts and costs of managing this process successfully.
ONE + ONE = THREE
At NorthgateArinso, succession planning is part of the Talent Management Suite in euHReka and ResourceLink. As we are a strong believer of integrated Talent Management, succession planning directly communicates with other processes such as recruitment, performance and learning. In a single view, HR leaders and managers are able to follow up and get the best return on their strategy.