DESCRIPTION
The changing business landscape calls for business to adopt a high-impact succession management system. Succession Management is not a mere listing of potential leaders. Succession Management both identifies and develops high-potential leaders capable of executing our company’s strategy.
Long-term value from a succession management process is achieved by putting in placed 3 salient priorities:
1. Gain Leadership Commitment
2. Appoint Owners across Organization
3. Monitor and Measure Progress
This presentation addresses those 3 priorities in detail. Additionally, we discuss leading practices that are adopted by best-in-class organizations, which direct achievement of sustained growth in an ever changing landscape of business and increased competition. High impact Succession Management is achieved when sustained leadership culture is nurtured within our organization.
This deck also includes slide templates for you to use in your own business presentations.
Succession Management is fundamentally different from Succession Planning. Traditional succession planning compiles a list of potential replacements. Succession Management, however, focuses on identifying and developing high-potential leaders who can execute the company's strategy. This PPT outlines the critical differences and highlights best-in-class practices that ensure a robust leadership pipeline.
The importance of Succession Management has never been more critical. With the decreasing tenure of CEOs and the high costs of recruiting external talent, companies must think beyond traditional competencies. This presentation underscores the necessity of a disciplined approach to succession, ensuring that organizations are prepared for the talent challenges of today and tomorrow.
Top companies use Succession Management to drive performance. Leading organizations employ various tools, interviews, and performance ratings to identify and develop leaders. This document provides insights into these leading practices and includes templates to help you implement a high-impact Succession Management process in your own organization.
Got a question about the product? Email us at flevypro@flevy.com. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in HR Strategy, Talent Strategy, Succession Planning, Succession Management PowerPoint Slides: Succession Management Execution PowerPoint (PPT) Presentation, LearnPPT Consulting
Did you need more documents?
Consider a FlevyPro subscription from $39/month. View plans here.
For $14.00 more, you can download this document plus 2 more FlevyPro documents. That's just $13 each.
PowerPoint Diagrams Compilation Succession Planning Consulting Frameworks Presentation Development Organizational Design Maturity Model Communications Strategy Small Business Entrepreneurship Growth Strategy Gap Analysis Leadership Core Competencies Restructuring Vision Statement Contact Center Family Business Agile Pyramid Principle
Download our FREE Organization, Change, & Culture, Templates
Download our free compilation of 50+ slides and templates on Organizational Design, Change Management, and Corporate Culture. Methodologies include ADKAR, Burke-Litwin Change Model, McKinsey 7-S, Competing Values Framework, etc. |