There's no doubt about it. HR and senior leaders in most organizations have spent some time considering the ideal succession program. Executed well, succession planning can help your organization respond effectively to change, recruit and retain the best talent, and support organizational growth.
But you'll notice some big differences in companies that value and execute a best-practices succession planning program vs. those that do not. Here are just a few of the elements that successful programs share in common:
Competency models are effectively used to measure the performance standards for each position.
Promotion readiness is measured effectively because each position has clear standards in place.
Competency models are effectively used to measure the performance standards and promotion readiness.
Want to see how your organization compares to best practice? Join us for this webcast with Dr. William Rothwell, prolific author and expert in succession planning.
Rothwell will differentiate between replacement planning and true succession planning.
Rothwell will walk you through a “STAR” model that outlines the four key elements of a best practice-based succession program.
Sean Conrad of Halogen Software will provide an overview of how talent management technology can support the best practices outlined in Rothwell’s leading model.
ADDED BONUS:
To get even more value from this session, take this 20 question succession assessment created by Rothwell and Halogen Software prior to joining the webcast, and get a complimentary report that will give you some initial insight into how your organization is doing.
Twenty questions and one webinar are all it takes to benchmark your organization against best practice and get you started on the path to an effective succession planning program.
Register now and earn one hour in HRCI Recertification Credit.
To learn more about Halogen’s award-winning solutions for succession planning, book a complimentary trial or a personalized demonstration of Halogen's award-winning suite.
Learn why Halogen is consistently ranked No. 1 in customer satisfaction, and how we’re helping thousands of HR professionals worldwide succeed brilliantly at talent management.
1. You can listen to today’s webinar using your computer’s
speakers or you may dial into the teleconference.
If you would like to join the teleconference,
please dial 1.650.479.3208 and enter access code: 921 301 626 #.
You will be on hold until the seminar begins.
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2. Speakers: Dr. William J. Rothwell
President
Rothwell & Associates, Inc.
Sean Conrad
Talent Management Evangelist
Halogen Software
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3. • Q&A
– Click on the Q&A icon on
your floating toolbar on the
top of your screen.
– Type in your question in the
space at the bottom.
– Click on “Send.”
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4. Polling
Polling question will
appear in the “Polling”
panel.
Select your response
and click on “Submit.”
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5. 1. Will I receive a copy of the slides after the webinar?
YES
2. Will I receive a copy of the webinar recording?
YES
Please allow up to 2 business days to receive these materials.
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6. #TMwebinar
Dr. William J. Rothwell
President
Rothwell & Associates, Inc.
Sean Conrad
Talent Management Evangelist
Halogen Software
7. Optimizing your Succession Plan
A deeper dive into understanding your
company’s succession planning efforts,
compared to best practices
8. If you’re joining us now..
• Ideally, you’ve taken the succession assessment
from Halogen and Rothwell & Associates here:
www.halogensoftware.com/resources/succession-
assessment/
• You want to learn more about the elements of a
best practices succession program and what your
results mean.
• You want insight into how technology can help
9. Copyright 2013 by Rothwell & Associates, Inc.
by
William J. Rothwell, Ph.D., SPHR
and
The Rothwell & Associates Team
Chad Chae
Maureen Jones
Steve Welch
Leen Zaballero
Optimizing
Your
Succession Plan
Optimizing
Your
Succession Plan
10. This session will:
• Differentiate Replacement Planning
and Succession Planning
• Introduce Rothwell STAR Model
• Explain Succession Assessment
and Report
• Show an example of how
technology supports best practices
12. Copyright 2013 by Rothwell & Associates, Inc.
Replacement Planning
The process of identifying
individuals as backups for key
positions on a short-term or long-
term basis
Copyright 2013 by Rothwell & Associates, Inc.
13. Copyright 2013 by Rothwell & Associates, Inc.
Succession
Planning
• …the process of pinpointing key needs for intellectual
talent and leadership throughout the organization over
time and preparing individuals for present and future
work responsibilities needed by the organization.
It emphasizes the internal development of
people.
14. Copyright 2013 by Rothwell & Associates, Inc.
One Possible Roadmap:
A model to Guide management Succession Planning
Source: Rothwell, W. (2010). Effective succession planning: Ensuring leadership
continuity and building talent from within. 4th ed. New York: Amacom.
Make the Commitment
Evaluate the Program Clarify the Work /
People Now
Assess Potential
Clarify the Work /
People Needed in the
Future
Plan for development Appraise performance
15. Copyright 2013 by Rothwell & Associates, Inc.
Source: Rothwell, W. (2010). Effective succession planning: Ensuring leadership
continuity and building talent from within. 4th ed. New York: Amacom.
Make the Commitment
Evaluate the Program Clarify the Work /
People Now
Assess Potential
Clarify the Work /
People Needed in the
Future
Plan for development Appraise performance
Identification
• Aging Workforce
• Fast Growing
Markets
16. Copyright 2013 by Rothwell & Associates, Inc.
Source: Rothwell, W. (2010). Effective succession planning: Ensuring leadership
continuity and building talent from within. 4th ed. New York: Amacom.
Make the Commitment
Evaluate the Program Clarify the Work /
People Now
Assess Potential
Clarify the Work /
People Needed in the
Future
Plan for development
Appraise
performance
Assessment
• Prompt leader to evaluate
program tool
• Disagreement
• Clarify roles assess potential
17. Copyright 2013 by Rothwell & Associates, Inc.
Source: Rothwell, W. (2010). Effective succession planning: Ensuring leadership
continuity and building talent from within. 4th ed. New York: Amacom.
Make the Commitment
Evaluate the Program Clarify the Work /
People Now
Assess Potential
Clarify the Work /
People Needed in the
Future
Plan for development
Appraise
performance
Development
• Halogen R&A
overcome
obstacles
• Lack of structure
18. Copyright 2013 by Rothwell & Associates, Inc.
Source: Rothwell, W. (2010). Effective succession planning: Ensuring leadership
continuity and building talent from within. 4th ed. New York: Amacom.
Make the Commitment
Evaluate the Program Clarify the Work /
People Now
Assess Potential
Clarify the Work /
People Needed in the
Future
Plan for development
Appraise
performance
Management
• Complete the full
circle program
• Most often missed
portion
19. Copyright 2013 by Rothwell & Associates, Inc.
Succession Assessment Basics
• Who should complete the assessment?
• We prefer multiple reporters
• Those who are integrally involved
• Multiple views of the organization
• CEO
• Director of HR
• Upper level middle manager
20. Copyright 2013 by Rothwell & Associates, Inc.
Succession Assessment
Basics
• View of ORGANIZATION’S Succession Planning
Program
• Not the person’s / department’s program
• CURRENT program assessment
• Not what you WANT the program to be
21. Copyright 2013 by Rothwell & Associates, Inc.
Taking the Assessment:
“Hover Text” for Better Context
1
2
3
4
5
Hover Text describes what the question is
asking
It gives you better cues as to how to answer
We encourage you to read each question’s
hover text PRIOR to answering the question
Best results come from understanding what the
question is trying to ask
Avoids individual definitions
22. Copyright 2013 by Rothwell & Associates, Inc.
Interpreting your results
1
2
3
4
The one page report provides a summary
The full interpretation can be explained with
a personal review with R&A
No matter how low the score – we can help
We can work together to help each organization
23. Copyright 2013 by Rothwell & Associates, Inc.
Assessment Report
Detailed Ratings
24. Copyright 2013 by Rothwell & Associates, Inc.
Assessment Report
Overall Score
25. Copyright 2013 by Rothwell & Associates, Inc.
For further insight
• Visit www.rothwellandassociates.com
• Complete form to chat with a consultant, or call us!
• We’ll reply within 48 business hours and follow-up with
a phone call and a more in-depth intake
26. Copyright 2013 by Rothwell & Associates, Inc.
R&A Additional
Services
• Technical Succession Planning
• Competency Modeling
• Talent Management
• Leadership Development
• Managing Change Positively
• Creating Best Practices in Organization