Succession planning tools and techniques

There are a number of tools and techniques that employers can use to support succession planning, including the use of competencies and succession planning committees, our research finds. 

• Succession planning: employer practice Succession planning is still typically focused on matching individuals to particular roles, with less than one-third of our panel planning for "pools" of jobs. 
• Full data from the succession planning strategies survey is available from XpertHR Benchmarking. 

Also

Informal versus formal succession planning strategies The accompanying report on the two-part XpertHR succession planning survey considers the merits of formal versus informal approaches to succession planning and provides examples of employers' informal plans. 

The rise and fall of talent management Nurturing talent is a long-term, often resource-hungry exercise that may be difficult to justify during a recession. How will it be viewed once the economy revives? 

In quick succession Traditional succession planning may no longer be appropriate for today's fast-changing business environment, but a more modern approach that nurtures high-potential talent for a variety of roles certainly is, says this XpertHR feature.