What happens when a senior executive leaves the organization? Succession planning is a way to answer this question. Executives use this process to identify employees who could potentially take over vacant roles that are critical to the continued success of an organization.
While succession planning applies to the top-level, critical roles (typically the top three career levels), talent review is another process that applies to almost all levels of an organization. In the literature, authors frequently describe talent review but label it as succession planning. Talent review ain’t succession planning; however, blending the two concepts isn’t necessarily a bad idea.
00:45 Part 1: Succession Planning
01:44 Part 2: Talent Review
03:28 Part 3: What Can Get You In Trouble
_________________________________
How You Can Support the Show
Unlabeled Leadership is a free service for people to learn about leadership. If you want to support the show, you can make a $0.99 donation. Your support reduces production expenses. https://anchor.fm/unlabeled-leadership/support
No transcript available (future enhancement)
Episode links
Note: Some of the following succession planning articles are about the talent review process or blends talent review and succession planning.
Training Industry February 2019 Issue: The Role of L&D in Succession Planning
The Talent Strategy Group: Your Potential Model is Wrong (or at least not right)
TLNT:
Why Your HiPo Program May Be a Waste of Time and Money
6 Steps to Great Talent Reviews
The Motivations and Behaviors That Define High Potential Employees
Corporate Executive Board: What Makes a High-Potential?Quite Possibly Not What You Think…
Chief Learning Officer: How to reduce bias in talent review meetings
The Bridgespan Group: Talent Review and Development Process: A Step-by-Step Guide
Oracle: Using Talent Review and Succession Management
Human Capital Institute: Ditch Your 9 Box and Simplify Succession Planning for Success
Background Music
You can find all the musical tracks at Envato Elements.
00:00 Theme music: Uplift Corporate Inspire by OlexandrIgnatov
00:35 Let's Go Have Fun by pinkzebra
01:27 Upbeat Latino Guitars by Remstunes
03:10 Cool Jazzby Remstunes
04:57 Fun and Flirty by BrownHouseMedia
Lead on!