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What is Succession Planning?
Succession planning is a strategically tried-out process of identifying the next generation of leaders who can ensure business continuity when key leaders move on to new opportunities, retire or pass away. Succession planning is the means of preserving a company's future and its associated stakeholders.
1. Identify
Define key competencies needed to succeed in critical roles & nominate candidates.
2. Assess
Use reliable & valid tools to evaluate candidate readiness on key competencies.
3. Plan
Use customized reports to handpick the right candidates for succession.
4. Act
Develop & track the selected candidates' growth.
Why Having Succession Planning Systems is Critical For Your Organization?
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Ensures Business Continuity When A Leader Exits The Company
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Ensures Availability of High-Potential Future Leaders
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Ensures Effective Promotions for Critical Roles and Jobs
Industry-Validated Succession Planning Tools Customized To Your Organization
Our Experts Work with You to Build Effective Succession Planning Strategies
Mercer | Mettl Has an Extensive Process For Leadership Succession Planning
Sensing
- Job description study
- Focused group discussions
- Visionary interviews
Creation &
Customization
- Personality Tools
- Behaviour Tools
- Cognitive Tools
- Domain MCQs
- Simulators
Administration & Management
- Choose from our question bank
- Create new Questions
- Select Qs difficulty level
Offline Activities
(In Case of blended)
- Section order & timing
- Registration fields
- Anti-cheating controls
Report Generation & Customization
- Recommendation logic
- Global or Org Benchmarks
- Strengths & weakness
- Interview guides/IDPs
We Understand That Your Organization Is Unique
Our Competency Framework Is Custom Created As Per the Leader’s Skills Set
Illustrative Tool - Competency Matrix (Virtual ADC)
| Competencies | Mettl Personality Profiler | Mettl Test of Cognitive Abilities | Case Study | Situational Judgement | Inbox |
|---|---|---|---|---|---|
| Adaptability | |||||
| Effective Team Leadership | |||||
| Building People Capability | |||||
| Strategic Vision | |||||
| Driving Change | |||||
| Analytical Problem Solving |
Related products and solutions
Why Do Our Clients Trust Us The Most?
Holistic Evaluations
Personality, Behavior, Cognition and Technical Skills
Customized According to Job Roles
Leadership, Senior Managers, Other Critical Roles
Tailored to Your Organizational Needs
Complexity, Localisation, Tools and Competencies
Client Hand-Holding
We Listen to All Your Requirement at Every Step
Years of Experience
10+ Years of Experience In Creating Value for the Clients
24*7 Support
We Are There for You, Always
Our Customers Vouch for Our Succession Planning Tools
The validity of Mercer | Mettl's assessments is exceptionally robust. It enabled us to funnel people who were precisely the type we needed. Mercer | Mettl helped us to accurately identify high-potential candidates within our internal team.
Sonal Kapur Sinha
CHRO
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Frequently Asked Questions(FAQs)
What does succession planning mean?
Succession Planning is a strategically tried out process of identifying the next generation of leaders who can ensure continuity of the business when key leaders move on to new opportunities, retire, or pass away.
What is the process of succession planning?
The process of succession planning includes-
- 1) Uncovering key business positions
- 2) Mapping Key Competencies to build success profiles
- 3) Identifying potential Successors
- 4) Assessing the shortlisted candidate’s fitment in the company's culture
- 5) Lastly, generating a real-time customized report, that unfolds answers to various questions that put the next step of succession planning into perspective
Why is succession planning important?
Succession planning is important because:
- 1) It avoids transition shortcomings
- 2) It ensures the availability of high-potential future leaders
- 3) Boosts retention and engagement
- 4) Gives a competitive advantage
- 5) Smoothens the transition from one leader to another
What are the six steps to succession planning?
The process of succession planning includes-
- 1) Uncovering key business positions
- 2) Mapping Key Competencies to build success profiles
- 3) Identifying potential Successors
- 4) Assessing the shortlisted candidate’s fitment in the company's culture
- 5) Generating real-time customized report, that unfolds answers to various questions that put the next step of succession planning into perspective
- 6) Lastly, assessing the succession planning strategies' effectiveness by acting on it.
