Category: Succession Planning
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A Practical Guide on How to Implement Succession Planning in Organisations
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Succession planning is akin to assembling a company puzzle, crucial for seamless transitions. The blog contrasts McDonald’s successful plan with Coca-Cola’s failed attempt. Our practical guide discusses the steps on how to implement succession planning, its challenges, and engagement with senior leadership. Introduction Succession planning is like putting together a jigsaw puzzle for a company.…
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Don’t Ignore Succession Planning: Ensuring Business Continuity with a Proven Framework
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Human resources form the dynamic backbone of an organisation, with constant transitions of personnel being a common reality in today’s corporate landscape. Ensuring the seamless promotion or hiring of qualified individuals to fill vacant positions is paramount for the continuity and triumph of a business. This strategic process of identifying critical roles and cultivating the…
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Top 5 Succession Planning Tools
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Succession planning is essential for organisations to ensure smooth leadership transitions and continuity. Our blog today covers the importance of succession planning, steps to choose the right succession planning solution, five top succession planning tools, the best software options, and how top organisations leveraged Accendo for their succession planning. Introduction Succession planning is a crucial…
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The Ultimate Guide to Succession Planning: Building a Strong Talent Pipeline for Smooth Leadership Transitions
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Succession planning is critical for organisations to ensure smooth leadership transitions and long-term success. In our comprehensive guide, we explore why succession planning is important, the challenges of succession planning, and the strategies required to overcome them. Our succession planning guide also covers the four-step process, implementation steps, benefits, real examples, best practices, and emerging…
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Drive Your Succession Planning Strategy with Talent Pools
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Succession planning is essential for businesses to tap their internal talent pool, and avoid the risk and expense of external hiring. Using the talent pool approach, you can drive your succession planning strategy with the much needed flexibility as your business grows, changes, and develops. A study conducted by the Corporate Leadership Council found that…
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Master the Art of Developing a Succession Plan: A Proven 8-Step Framework for Malaysian & Singaporean Organisations
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Creating a succession plan is a crucial strategy for ensuring an organisation’s sustained success. This process involves a meticulous sequence of steps that need to be carefully executed. While the principles of succession planning remain consistent across the globe, it’s essential to consider the unique landscapes of different countries. In this blog post, we will…
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5 Key Features of Succession Planning Software for Smooth Leadership Transitions
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Introduction Succession planning is a strategic approach to talent retention and ensures that vacant roles can be filled almost immediately. This approach extends its value far beyond large corporations with substantial resources, proving equally essential for businesses of all sizes. The absence of succession planning not only leads to skill shortages but also carries significant…
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Smart Succession Planning for SEA Organisations: Minimise Risks and Costly Mistakes to Maximise Transitions
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In the ever-changing business landscape, a robust succession plan is vital. This blog provides insights into the current state of succession planning in SEA organisations in 2023, addressing the challenges and mistakes that can arise. It highlights the importance of the process, offers strategies for better readiness, and introduces Accendo’s TalentPulse—a tool to enhance succession…