9-box rating transparency

9-Box Ratings: How Transparent Should You Be?

9-Box Ratings: How Transparent Should You Be? One of the biggest challenges with Succession Planning is managing expectations and raised hopes (that even being considered or included in the exercise MUST mean that an employee is on the radar for promotion or a move to something better of some kind) – not to mention keeping it…

Three Critical Components of Succession Planning TalentGuard

Three Critical Components of Succession Planning

Three Critical Components of Succession Planning   At some critical point your focus needs to be on the ‘Impact of Loss’, ‘Flight Risk’ and ‘Criticality to Retain’ components of Succession Planning.  If you’re serious about achieving success through and with your best people, then knowing how strongly and seriously they ‘touch’ the organization now and into the short…

Succession Planning: Building Your Bench

Succession Planning: Building Your Bench Before the Trade Deadline

Succession Planning: Building Your Bench Before the Trade Deadline Presenter: David Lutes is a Succession Planning, Organizational Development, Talent Management and Training Director with 25+ years’ of international experience at a strategic and middle management operational level. He also has senior director experience in several multinational and global Fortune 100 companies. Description: Effective succession planning…

Why Succession Planning Matters TalentGuard

Why Succession Planning Matters

Why Succession Planning Matters Did you know that a recent research study found that 50% of companies with revenue greater than $500 million don’t have a proper CEO succession plan in place? This finding is quite shocking, as succession plans are an essential part of growing and maintaining a healthy company or organization. Without succession…

effective succession planning TalentGuard

The Key to Effective Succession Planning

The Key to Effective Succession Planning An effective succession planning process is essential to all organizations because they are always changing, and CEOs and executives can leave in a hurry. Replacing them can be a lengthy and frustrating process that often takes far longer than any board member might expect. Even companies with a formal succession…

Executive Compensation Improve Succession Planning

How Executive Compensation Improves Succession Planning

How Executive Compensation Improves Succession Planning Executive Compensation packages and succession planning remain unlinked (and separately managed) in many of today’s organizations. Companies that bring the two together, however, are beginning to get some real attention, and there’s a good reason for that. It works.   Companies with more incentives tend to perform better overall, and…