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Succession Planning
Succession Planning
   Succession Planning is a process of identifying, developing and
    transitioning potential successors for the companies present and
    future key roles, aligned with the talent and ambitions of its
    current employees and talent network.

                                                                                30
                                                                       26%
                                                                                25
                                                                21%
Only    22%       of HR                                                         20
professionals surveyed                        14%
                                                      16%
rated their leadership                                                          15   Bench
succession system as                9%                                               Strength
                                                                                10
highly effective!
                                                                                5

                                                                                0
                                  Australia    North   Latin    Asia   Europe
                                              America America
Succession Planning Grid

                          High Leadership   High Leadership
   Leadership Potential




                           Potential/ Low    Potential/High
                            Performance       Performance



                          Low Leadership    Low Leadership
                           Potential/ Low    Potential/High
                            Performance       Performance



                          Current Performance
Apple
Siemens




"The Siemens Leadership Framework is a big step forward in establishing a
culture of inclusiveness that empowers employees to realize their full
potential. We now use one common language worldwide for all key Human
Resources processes. This makes evaluations of Performance, Potential and
Expertise comparable throughout Siemens."
(Peter Löscher, Chairman)
GE
GE’s Session C aims to review performance, identify rising talent, have a cross-
calibration of talent across the organisation and plan for the succession planning or
leadership development actions

   Individual        Complete one page Resume- Career History, Skills and
Resume and Self     Development needs
  Assessment         Show ideal next moves, as discussed with Associates Manager

Chronological In-    Examine key accomplishments, failures, mistakes
Depth structured     Assessment and Development report generated
   Interviews

  Performance        Completed by direct managers
   Appraisal         Includes Associate’s reactions to the assessment, 360° feedback



  Latest Career     A manager two levels above the reviewed individual formulates
    Potential       and assessment of the potential
   Assessment
Steps of Succession Planning
Thank You.. !

Rashmi Rawat
Roll No. 38
PGDSHRM – HRD and OD

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Succession Planning Process in 40 Characters

  • 2. Succession Planning  Succession Planning is a process of identifying, developing and transitioning potential successors for the companies present and future key roles, aligned with the talent and ambitions of its current employees and talent network. 30 26% 25 21% Only 22% of HR 20 professionals surveyed 14% 16% rated their leadership 15 Bench succession system as 9% Strength 10 highly effective! 5 0 Australia North Latin Asia Europe America America
  • 3. Succession Planning Grid High Leadership High Leadership Leadership Potential Potential/ Low Potential/High Performance Performance Low Leadership Low Leadership Potential/ Low Potential/High Performance Performance Current Performance
  • 5. Siemens "The Siemens Leadership Framework is a big step forward in establishing a culture of inclusiveness that empowers employees to realize their full potential. We now use one common language worldwide for all key Human Resources processes. This makes evaluations of Performance, Potential and Expertise comparable throughout Siemens." (Peter Löscher, Chairman)
  • 6. GE GE’s Session C aims to review performance, identify rising talent, have a cross- calibration of talent across the organisation and plan for the succession planning or leadership development actions Individual  Complete one page Resume- Career History, Skills and Resume and Self Development needs Assessment  Show ideal next moves, as discussed with Associates Manager Chronological In-  Examine key accomplishments, failures, mistakes Depth structured  Assessment and Development report generated Interviews Performance  Completed by direct managers Appraisal  Includes Associate’s reactions to the assessment, 360° feedback Latest Career A manager two levels above the reviewed individual formulates Potential and assessment of the potential Assessment
  • 8. Thank You.. ! Rashmi Rawat Roll No. 38 PGDSHRM – HRD and OD