Succession Planning
Does your organisation have the talent it needs to fulfil its strategic objectives
over the coming years? How do you ensure that you have the right people in the right
place at the right time?
HFI can help you take the initiative to put systems and programmes in place which
will create a ‘
talent pipeline’ for the future. Our Consultants have the
expertise and knowledge to make your
succession planning robust and help
develop a range of contingencies for
long-term prosperity.
Strategic Succession Planning - Organisational level support
The first step towards effective succession planning is to develop a clear framework
- the Talent Pipeline that supports the organisation’s corporate strategy.
This involves:
HFI work with managers and staff to identify the knowledge, skills, abilities, values,
and behaviours that contribute to the organisation’s success. The competency framework
then provides a reference point for achieving ‘alignment’ of other human resource
management processes.
In order for a succession plan to be executed effectively, organisations must ensure
that they have clear criteria and robust tools in place to ‘screen-in’ the right
people from day one. As experienced Business Psychologists, we can help you identify
and measure the abilities, skills and personality characteristics that will support
future success.
With a competency framework in place, HFI analyse your organisation’s training needs
and work with you to coordinate a targeted development programme that will maximise
return on investment. This helps to shape the development pathway for individuals
from initial induction through to senior executive.
Another key ingredient in planning for success is making sure employees can perform
at the right level. To do this an organisation needs to have an appropriate system
and skills in place to actively manage and develop individual performance so that
both individual and organisational goals are achieved. HFI will help you design
a performance development system for setting clear objectives and evaluating outcomes
to make sure that progression is on track.
HFI has access to specialist succession planning software that can help you organise,
access and integrate information regarding your organisation’s talent.
Tactical Succession Planning - Key Player Development Programmes
Over 20 years of successfully
accelerating business change with our clients
has resulted in the formalisation of a group of proven HFI workshops
for the development of your key players. These programmes are delivered by our in-house
business psychologists who excel at helping individuals
identify and seize the challenge
of opportunity. Some examples of our key player programmes include:
These are intensive programmes of assessment, individual and group exercises to
identify those who are ready to be groomed for senior roles. Usually we precede
and underpin these programmes with focused psychometric profiling in order to more
objectively support insights and actions and to stimulate personal development.
These programmes utilise research-based management and leadership concepts to equip
participants with a range of tools that can be immediately translated back into
the workplace. Starting from the basic building blocks of business, we can build
a curriculum that leads participants right through to the most senior executive
levels of leadership.
HFI has worked with organisations from many different industry sectors to develop
targeted workshops on topics such as analytical thinking, project management and innovation.
Our team of Business Psychologists can engage staff through interactive exercises,
case studies and facilitated discussion to build the specific skills they need for
success.
Specific Succession Planning – Individual Development Programmes
As Business Psychologists we can also work with specific individuals to
fast-track
their progression or help them overcome any obstacles which may be impeding
their progress. This may involve:
We can utilise our 360 degree assessment tool to provide individuals with structured
feedback from their supervisor, their peers and their subordinates to give them
a holistic picture of the impact they are making on the organisation. This is a
powerful way of developing the self-awareness and insight needed for unlocking individual
potential.
Once we have assessed what someone’s development needs might be, it is important
to set out a clear action plan with timelines to ensure that their development stays
on track. Our Consultants can work with individuals to identify relevant development
goals and map out a schedule of activities that will propel them in the right direction.
HFI provide objective assessment of individual personality style, general reasoning
abilities, management styles and other specific skills needed for success. We have
the flexibility to conduct an assessment nearly anywhere in the world using our
online tools. One of our Business Psychologists then interprets the results and
provides meaningful feedback to individuals which helps them exploit their strengths
and overcome their weaknesses.
Our Consulting Team has extensive experience in working with individuals, often
at the executive level, to help accelerate their development and adapt to the needs
of the business. These intensive sessions aim to ‘unfreeze’ the current pattern
of behaviour, introduce high-impact behaviours, and then reinforce these changes
so that they become a normal response to work situations.
Benefits
Implementing succession planning with HFI will:
- Reduce managerial and executive turnover
- Reduce reliance on external hires
- Improve managerial motivation
- Focus training budgets on real value add
- Align key HR processes
Additional Support Services
We will support you to your desired level of involvement. We can provide direct
support in the form of experienced administrators and facilitators, or we can train
your staff and external consultants to manage your programme. We can assist you
with:
- Establishing an appropriate timeline for your project
- Introducing your programme to the participants and other stakeholders
- Tracking deadlines and progress
- Group composite reports, executive summaries, statistical analysis and benchmarking
Contact Us
If you think we can help you meet your objectives in delivering a succession plan,
or if you have further questions, please call us on +44 207 831 3123 or use our
enquiry form.