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HireNet Succession
Planning Software:
The Key to Long-Term OrganIZational Success |
As a Human Resources Manager, you’re responsible for insuring
that your company is prepared for unplanned, or “regretted”
turnover, such as the departure of a key performer to join a competitor,
or the untimely death of a key executive. Having a well-thought-out
Succession Plan is key to the long-term success of any organization.
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information
What is "Succession Planning?"
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Succession
Planning Software
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Want
to Learn More About Succession Planning Software? |
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| What is Succession
Planning? |
Succession Planning, sometimes also referred to as Continuity
Planning, includes the following:
- Identifying those positions that play a vital role in
the profitability and growth of your organization.
- Assessing the likelihood of planned or unplanned turnover
in each key position.
- Identifying potential internal replacements for each
key position.
- Assessing the “readiness status” of each
identified replacement.
- Identifying key positions with insufficient numbers
of replacements (typically, less than 3)
- Implementing accelerated development plans in order
to increase the pool of internal replacement candidates,
or
- Identifying individuals at other companies, competing
firms, etc., with the potential to fill key positions,
and developing strategies for recruiting these individuals.
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| Succession
Planning Software |
Our Succession Planning Software, called
Continuity Manager, puts all the tools you need to manage
your Succession Program right at your fingertips! With Continuity
Manager, you can:
- Create a company-wide organization chart, showing all
positions and reporting relationships.
- Identify those positions that have a significant impact
on company or unit performance.
- Conduct online job evaluations to identify the critical
success factors (CSFs) for each key position.
- Create a Profile of Each Incumbent (Future Career Path,
Performance Issues, Anticipated Retirement or transfer
Date, etc).
- Prepare a Replacement List for each key position.
- Create a Profile for each replacement (readiness status,
development needs, etc).
- Identify replacement shortfalls (i.e., positions for
which no “ready now” replacements exist, and
/ or positions where less than 3 replacements are identified.
- Use the Continuity Manager to coordinate periodic company,
division or department updates of continuity files.
- Use the Continuity Manager to prepare support materials
for periodic company, division or department continuity
reviews.
- Use the Continuity Manager to prepare continuity reports
for Senior Managers or the Board of Directors.
Many Succession Planning systems cost thousands
of dollars, and offer limited functionality.
But the Continuity Manager can be yours
for as little as $1,500 per year!
In addition, you can purchase other Succession
Planning Services, such as:
- Confidential Profiles on key performers at competing
companies.
- Confidential research concerning the willingness of
individuals at other companies to change employers for
the right opportunity.
- Confidential comparisons of your compensation and benefit
plans, incentive programs, and other employee retention
tools to those of your competitors.
- Executive recruiting services.
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