Succession planning is low priority for employers
Succession planning can be a low-cost way of retaining key employees and filling important posts, but the latest XpertHR research finds that few employers invest in a formal process.
- Informal versus formal succession planning strategies Conventional succession plans are restricted to a few senior-level appointments but contemporary plans are more flexible and transparent, according to our respondents.
- Full data from the succession planning strategies survey is available from XpertHR Benchmarking.
Succession planning: employer practice This instalment of our research focuses on the formal plans that employers have in place, and the tools and techniques that are used to put succession planning into practice.
Survey: succession planning in practice This 2009 survey on the XpertHR website finds that planning can protect organisations from the consequences of losing key employees but many employers are unwilling or unable to engage with the process.
Leading high performance at British American Tobacco A case study of this international tobacco company looks at its talent development approach, including details of its succession planning process.