Succession Planning
Nurture and develop internal talent, fostering a culture of growth and promoting employee engagement
GoSmartHR Succession Planning
Succession planning is a critical process to identify, develop and prepare individuals to assume key leadership positions within your organization
GoSmartHR enables a systematic approach to ensure a smooth transition of leadership, maintaining organizational stability, and driving long-term success. GoSmartHR’s components (performance management, talent development, training and development and recruiting) allow for objective data and evaluation of internal and external candidate’s performance, potential, and aspirations to identify suitable successors.
invest in your workforce and secure a brighter future for your company
GoSmartHR also provides cutting-edge tools that make it easy to perform workforce analysis and create professional-quality charts.
GoSmartHR’s software platform gives your organization access to the data needed and the tools required to
- Identify the skills, knowledge, and abilities needed for success in those key roles
- Conduct performance assessments to track progress and address any gaps in development
- Create customized development plans for potential successors, focusing on skill and competency enhancement
- Provide training programs, coaching, and mentoring opportunities to develop leadership capabilities
- Continuously monitor the progress of potential successors and adjust as necessary
This information can be easily visualized on SmartCharts to show:
- which positions do not have nominated successors. This may pose a business risk.
- which employees have been nominated for too many potential positions.
- what is the bench strength for a particular position with readiness to show potential talent gaps.
In addition, SmartCharts can be used for highlighting vacancies, equity information, position vs actual salaries, budgets, reporting headcount and span of control. It is populated and refreshed automatically from the live GoSmartHR data.
