career pathing vs succession planning

Career Pathing vs Succession Planning: Understanding The Difference

Career pathing and succession planning are common terminologies within talent management but the difference in their application and the separate benefits of each can be misunderstood and overlooked. In the majority of cases, employers prioritize succession planning, assuming that career pathing will somehow ‘fit’ naturally into it.

But high performing organizations require both.

The New World of Succession Planning

The New World of Succession Planning

Succession planning has changed. In the past, a company was ahead of the curve if it had a succession plan in place at all—even if that plan was nothing more than a list of critical positions and potential candidates. Eventually, a company that had identified pools of talent to fill a specific key position could say they were the most likely to reap the benefits of cutting-edge succession management: high employee engagement, low turnover, and quick transition times. Today, that isn’t the case.

Five Ways to Develop Employees Using Succession Planning

Five Ways to Develop Employees Using Succession Planning

Successful succession planning depends on retaining high potential talent and developing those employees so they are prepared to fill key roles. Development efforts often are based on well-defined individual career paths, which keep employees engaged and motivated to excel. However, even companies who don’t have a full-scale career pathing process can bolster succession-planning efforts by focusing on honing the talent and leadership skills needed for each vital position.

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…