Succession planning is a systematic process for identifying a talent bench of high-potential successors to incumbents in key executive and senior management roles. HRMC will help your organization assess its needs through a comprehensive inventory while identifying key work functions and facilitating employee development. Career pathways will be defined, providing a higher return on investment from employees by reducing attrition and matching your organizational needs with qualified talent you already have. The process includes four phases:
- Competency development
- Psychometric assessments (identify, administer, interpret, and report)
- Developmental plan
- Succession review conference (after the first 12 months)