Succession Planning has become a popular term that many organizations consider but fail to implement. In companies of all sizes, whether it is a family-owned business or a large corporation, there is frequently a vacuum in filling a position when an unexpected leadership vacancy occurs. This can happen for a variety of reasons, but most often it is simply that we are so engaged in the present that we don’t step back to look ahead.
HRG has assembled a strong team of professionals to deliver a full range of human resource services to our clients. For example, consider one of the most highly-valued services by our clients: succession planning support. We deliver succession planning services to companies with a local, nation-wide and global presence. HRG will also assist with the development of strategy for passing on leadership roles. Moreover, we can assist in developing an assessment of future needs and development of a plan to meet those needs.
For successful succession planning, you must develop a pool of qualified, experienced employees that can take on a leadership role when the time is right. Creating this pool of capable employees is most effective when employed as early as during the hiring process.
Hanna Resource Group can help you implement a succession plan by:
- Working in collaboration with your organization’s executive team to determine the necessary leadership competencies
- Reviewing strategic planning documents to understand competencies needed for the future
- Assessing the current performance management system and methods of leadership evaluation
- Creating or updating succession planning formal documentation
- Assisting with professional leadership development opportunities for key employees
- Integrating the succession plan into the strategic plan and developmental opportunities
It is important to review succession planning annually. For instance, identify what is working. What is broken? Is anything missing? What has changed? Are we doing enough to develop our succession pool? In a rapidly changing environment, Hanna Resource Group will assist in this review to assure that your organization’s succession planning strategy remains relevant.
When you partner with Hanna Resource Group, your organization will benefit in numerous ways:
- Create a plan of action that leaves your organization prepared for unexpected changes
- Identify and proactively develop your pool of leadership
- Become more intentional in leadership training and development
- Improve engagement of key employees through ongoing and continuous review and feedback
- Secure your organization’s future as you think long-term about leadership
Contact the Hanna Resource Group today by calling 859-514-7724. Succession planning is a great step to take in securing the future of your organization.