“(Some) 84 percent of organizations report having a lack of candidates in the pipeline ready to assume open and critical positions.”
That’s not good, folks. As we wring our hands on the lack of talent in the external pipeline, perhaps we should be spending more time attending to the skills and development of the folks already in the organization!
Laci Loew, Vice President and Principal Analyst at the Brandon Hall Group, recently published their State of Succession Management 2015. If your organization is in the 84 percent of organizations above, this report will be helpful in laying out the challenge, what and how high performing organizations in this regard are executing differently, and how to think about the first steps of moving your succession planning needs forward.
The report is a great read and has some pretty terrific content and data included.
This graphic gives you a taste of what you can expect in terms of getting started as well as what successful outcomes are from both succession management and business focus perspectives.
The report outlines seven (7) critical findings of Brandon Hall’s research on this topic:
The insights in the State of Succession Management 2015 fleshed out in each of these key findings are critical reading for any talent management professional. And, you’ll also get some useful data to use in building the ROI for succession management investment in next year’s budget.
The report is published by Skillsoft and you can get it here. At 34 pages, this is a solid piece of analysis and a useful and highly practical read.
This originally appeared on China Gorman’s blog at ChinaGorman.com.
