Develop a Framework and Strategies for Succession Management TM502E

By: Human Capital Singapore  08/12/2011
Keywords: Human Resource Management, Talent Management, Human Capital Management


Develop a succession management strategy

·         Consult stakeholders to identify their expectations regarding succession management

·         Develop strategies for managing succession that is aligned with organisational objectives and needs and other human resource programmes

·         Communicate succession management strategies to stakeholders to generate buy-in and build ownership

Identify critical organisational roles and feeder positions

·         Consult with stakeholders to identify critical roles

·         Develop profiles to document the requirements of the critical roles

·         Identify feeder positions within the organisation that can provide opportunities to groom successors

Manage succession process

·         Identify successors for critical positions in the organisation by matching their profiles with the critical position profiles

·         Conduct a risk assessment for critical positions and document the outcomes

·         Work with managers and identified successors to create and document development and retention plans

Evaluate succession management programme

·         Identify criteria to evaluate the performance of succession management programmes by defining specific measures to be used

·         Support the development of processes and systems to gather measurement data and feedback from key stakeholders

·         Monitor internal and external influences and trends that may impact on the succession management programme

Analyse data to refine the succession management programm

Keywords: Human Capital Management, Human Resource Management, Talent Management

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