Succession planning is a process whereby an organisation ensures that employees are recruited and developed to fill each key role within the company. Through your succession planning process, you recruit superior employees, develop their knowledge, skills, and abilities, and prepare them for advancement or promotion into ever more challenging roles.
Actively pursuing succession planning ensures that employees are constantly developed to fill each needed role. As your organisation expands, your succession planning ensures that you have employees on hand ready and waiting to fill new roles. Effective, proactive succession planning is key to retaining current employees and preventing churn.
Employees are motivated and engaged when they can see a career path for their continued growth and development. To effectively do succession planning in your organisation, you must identify your long term goals. You need to identify and understand the developmental needs of your employees. You must ensure that all key employees understand their career paths and the roles they are being developed to fill.
BlueBean will work with you and your organisation focussing on key employee retention. By doing this you are more likely to have a happy and content workforce.
For more information please get in touch, we’d love to be given the opportunity to work with you.