Succession planning has emerged as an important issue as the world’s population ages under the dual impact of falling birth rates globally and improved healthcare. Neither is it easy to assume that young people will occupy traditional entry-level positions nor is it easy to fill positions from outside as other organizations scramble to make up for years of downsizing and cost-cutting. Succession planning can be systematic and can be effectively implemented, but that requires knowledgeable leaders, who are committed to developing their people. This webinar will define succession planning, distinguish it from such related topics as talent management and workforce planning, describe a conceptual model to guide implementation, and summarize key trends and new thinking in succession planning.
WHY SHOULD YOU ATTEND?
Here are the main reasons to participate:
1. Ensure Business Continuity and Stability
- Learn how to mitigate risks associated with leadership transitions.
- Develop a proactive approach to avoid disruptions when key employees leave.
2. Identify and Develop Future Leaders
- Gain insights into talent assessment and leadership pipeline development.
- Understand how to cultivate high-potential employees for key roles.
3. Retain Institutional Knowledge
- Learn strategies to capture and transfer critical knowledge before experienced employees retire.
- Reduce the risk of losing valuable expertise and corporate memory.
4. Align Succession Planning with Strategic Goals
- Understand how succession planning supports long-term business objectives.
- Learn to align talent management with organizational growth and sustainability.
5. Enhance Employee Engagement and Retention
- Discover how clear career paths and development opportunities increase employee motivation.
- Reduce turnover by fostering a culture of professional growth.
6. Improve Diversity and Inclusion in Leadership
- Learn best practices to create diverse leadership pipelines.
- Explore how inclusive succession planning strengthens organizational resilience.
7. Gain Insights into Legal and Compliance Considerations
- Understand the legal aspects of succession planning, such as non-discriminatory practices.
- Learn about compliance requirements that may impact leadership transitions.
AREA COVERED
- Important definitions
- Stunning facts and figures about succession planning
- Conceptual models to guide the implementation of different kinds of succession plans
- Trends in succession planning
- Common mistakes
- How to overcome common mistakes made in succession planning
LEARNING OBJECTIVES
- Define succession planning
- Distinguish succession planning from talent management and workforce planning
- Review conceptual models to guide the systematic implementation of succession planning
- List important trends in succession planning
- Review common mistakes made in succession planning and how to avoid them
WHO WILL BENEFIT?
- Senior managers
- Business owners
- Vice Presidents of HR
- Managers of HR
- Talent Development professionals
- Organization Development professionals
Here are the main reasons to participate:
1. Ensure Business Continuity and Stability
- Learn how to mitigate risks associated with leadership transitions.
- Develop a proactive approach to avoid disruptions when key employees leave.
2. Identify and Develop Future Leaders
- Gain insights into talent assessment and leadership pipeline development.
- Understand how to cultivate high-potential employees for key roles.
3. Retain Institutional Knowledge
- Learn strategies to capture and transfer critical knowledge before experienced employees retire.
- Reduce the risk of losing valuable expertise and corporate memory.
4. Align Succession Planning with Strategic Goals
- Understand how succession planning supports long-term business objectives.
- Learn to align talent management with organizational growth and sustainability.
5. Enhance Employee Engagement and Retention
- Discover how clear career paths and development opportunities increase employee motivation.
- Reduce turnover by fostering a culture of professional growth.
6. Improve Diversity and Inclusion in Leadership
- Learn best practices to create diverse leadership pipelines.
- Explore how inclusive succession planning strengthens organizational resilience.
7. Gain Insights into Legal and Compliance Considerations
- Understand the legal aspects of succession planning, such as non-discriminatory practices.
- Learn about compliance requirements that may impact leadership transitions.
- Important definitions
- Stunning facts and figures about succession planning
- Conceptual models to guide the implementation of different kinds of succession plans
- Trends in succession planning
- Common mistakes
- How to overcome common mistakes made in succession planning
- Define succession planning
- Distinguish succession planning from talent management and workforce planning
- Review conceptual models to guide the systematic implementation of succession planning
- List important trends in succession planning
- Review common mistakes made in succession planning and how to avoid them
- Senior managers
- Business owners
- Vice Presidents of HR
- Managers of HR
- Talent Development professionals
- Organization Development professionals
