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SUCCESSION PLANNING

Lots of Succession Planning Talk....Not Enough Action

Recent survey research on succession planning conducted by Right Management indicates that significant gaps in leadership pipelines exist at most organizations in North America. A survey of over 1200 executives conducted in March, 2011 indicates that few organizations reported having future leaders identified for all of their critical positions.
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SUCCESSION PLANNING

Succession Planning - "Measure Twice, Cut Once"

There is an old but very wise adage used in carpentry “Measure twice, cut once” which is typically followed by “you can’t add wood back”. The message is simple: proper planning will eliminate mistakes.
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SUCCESSION PLANNING

Power Saw or Utility Knife: What kind of tool is your 9 Box?

Recent discussions with several senior HR leaders and consulting partners has caused me to have a bit of concern about the use of the 9 box in the talent review and succession planning process. The 9 box can be a dynamic tool in driving the assessment and development of leaders. However, many organizations are using it in limited ways. Think about your answer to these questions: Is the 9 box chart in your company just a basic tool like the utility knife to help identify high potentials? or Is the 9 box chart a power saw that helps your company cut through subjectivity and drive the development of future leaders? The 9 box chart or talent grid is a commonly used tool for examining talent within the organization and making talent decisions. The 9 box provides perspective or a way of looking at the relationship between the performance of individuals and their potential for the future. The placement of individuals in the 9 box chart is determined by ratings of performance and potential – both based upon a 3 point scale (i.e., Low, Moderate, High).
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SUCCESSION PLANNING

Using Development Goal Setting to drive performance.

Development planning is a powerful talent management tool that is a critical part of both Performance Management and Succession Planning. Development goals can be focused on enhancing skills and competencies related to one's current role, leveraging strengths, and/or developing new capabilities for future roles. An Indvidual Development Plan (IDP) can include any or all of the following types of development goals. "Do Better" Goals - Do Better goals target skills and competencies that need to be improved to improve in one's current role. Example Do Better goals include: Become more effective at managing time Improve public speaking skills
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HR SOFTWARE

Talent Management - High Potential Programs: What are you improving?

Hi-po programs are all the rage amongst HR professionals looking to get progressive with their HRM practices. It is true, that an effectively run program can significantly increase the development, promotability, and retention of high performers, but some organizations struggle to integrate tools that will measure if/when this has happened.
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