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Course Details

Course Title:  Succession Planning

Course ID:  HR201E

Fees:  $3150

Days:  5

 

 

Course name

 SuccessionPlanning

Course ID

 HR201E

Category

Human Resource Management

Duration

 5 Days

Introduction

While ‘succession planning’ is usually associated with finding the right people to fill the highest level positions, the ability to retain, attract and develop talented staff at all levels is an emerging and equally important issue.

Leading organisations have long recognised that it is their ability to develop and maintain a diverse, highly talented professional and management pool that creates a crucial source of competitive advantage. What is new though is the dramatic increase in competition for key talent and the need to look beyond the top executive positions and consider the wider requirements of the business and of individual employees.

The Benefits of Succession Planning & Talent Management

  • Research shows that a clearly communicated succession planning programme produces several benefits for your organization.
  • It engages senior management in a disciplined review of leadership
  • Reduces recruitment costs
  • Retains talented staff and makes your organisation more attractive to job seekers
  • Assesses your managerial bench strength and existing talent pool
  • Aligns leaders against performance indicators and performance drivers both current and future
  • Translates your business strategies into the skill and experience requirements of future leaders.

Course objectives

By the end of this seminar you will be able to:

  • Distinguish between succession planning and replacement planning.
  • Sequence the phases required to implement a systematic succession plan.
  • Identify approaches to developing your competency model
  • Identify issues to investigate in relation to recruitment and retention of key staff.
  • Identify ways of defining the requirements of key roles.
  • Identify ways of retaining employees that are difficult to replace.
  • Identify approaches to determine future work requirements for key roles

Prerequisite

None

Who should attend?

This course is suitable for HR Managers, Executive Managers, Team Leaders, and Project Managers.

 

 

 

Course outline

 

Day One

Building the case for Succession Planning

  • Definition & the difference between succession planning & recruitment planning
  • Benefits and risks
  • Why have succession plans?
  • Compelling business reasons for succession planning
  • Sequence the phases required to implement a systematic succession plan

Day Two

Foundations for Effective Succession Planning

  • Business critical posts
  • Identifying key groups and competencies essential to business continuity
  • Identify ways of defining the requirements of key roles
  • Identify ways of retaining employees that are difficult to replace.
  • Defining responsibilities in the process

Day Three

Succession Planning Methods

  • Identify reasons for alternatives to key role replacement
  • Reasons for internal succession
  • Assessment centres
  • Mid level planning
  • 360 degree feedback
  • Open communication and collaboration
  • Career development discussions

Day Four

Essential Skills

  • Mapping the skills and capabilities the organisation really needs to attract and retain staff
  • The challenges to the implementation of succession planning
  • Identifying and targeting key performers
  • Handling disappointments or changes to plan

Day Five

Developing a Succession Plan

  • Developing a succession plan tailored to the needs of your organisation
  • A step by step approach to creating your succession plan and strategy