Succession Planning
What's it about?
Are you prepared for the possible departure of key staff? How about the inevitable departure of key staff? Do you know who is at risk to leave? Can you use opportunities for advancement to ensure you retain your top performers? Do you have pools of talent ready when you decide to capitalize on new opportunities?
How's it done?
At OrganizationMetrics we know that the power of succession management lies in making it work for both the employee and the organization. It's providing tools for staff to communicate their career goals and aspirations while providing the organization the means to draw on and shape those career interests into a total strategy for future success.
What's the return?
It can take up to 6 months to find a replacement employee after an unplanned departure, and even longer to bring them up to speed. At the same time, average annual turnover by industry ranges from 6% to 21%. Together these numbers add up to an incredible amount of lost time and opportunity. Our TMS Succession Management can drastically cut time lost by reducing both turnover and time-to-replace.
Features
Prepare for the inevitable. We use actionable graphical charts that show bench strength for key positions and employees. Our automated search capabilities and comprehensive profiles identify and develop talent to fill bench strength gaps before they impact your operation.
Connect personal and organizational growth. TMS Succession Management includes collaborative career planning tools that let employees identify career aspirations and allow managers to identify career targets for employees. Company-wide searches ensure employees are considered for all applicable positions and that the organization sees previously hidden talent.
Make it easy. Our exclusive TrueMatch technology can instantly search the entire pool for suitable candidates while our Scorecard views provide information necessary to make succession decisions at a glance.