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11 Succession Planning Best Practices to Follow in 2024

AIHR

Poor succession planning can be incredibly expensive. But with a rock-solid succession planning strategy, you can ensure a smooth transition of leadership, minimizing disruption and maintaining stability. Contents What is succession planning? 11 succession planning best practices to follow 1.

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Succession Planning: Essential Guide for HR

AIHR

Succession planning is essential to ensure critical roles in a company are not left vacant for extended periods or filled by people who don’t have the skills or knowledge to perform in the role. That means that over half of the organizations the surveyed HR professionals work at didn’t have a plan.

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DEI in the Face of Change: Sustaining Diversity, Equity, and Inclusion Efforts After a RIF

15Five

For DEI leaders, there are even more reasons to be concerned about the impact of a RIF: Layoffs have been shown to disproportionately impact employees of color, which can erase hard-earned gains in diversity. If employees ask about the impact to diversity, what will you tell them?

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Core Competencies 101: Incorporating Across the Employee Lifecycle

AIHR

Are you looking to raise the bar on employee performance and talent development in your organization? Core competencies provide a framework for aligning talent management strategies and driving organizational success. Why focus on core competencies in succession planning?

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How HR Can Create a Comprehensive Talent Strategy

AIHR

The right talent management strategy can move beyond typical activities such as talent acquisition and performance management to managing talent relationships and creating a more diverse and inclusive talent system. The risks of not having a talent strategy in place are seismic.

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5 Best Practices to Breathe Life into Succession Planning

LSA Global

Succession planning best practices help talent leaders know where high potential talent resides in the organization and how to best engage and retain them for when it matters most. When it comes to succession planning, “hope” is not a talent management strategy.

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How To Perform a Talent Review in 2024 (Your In-depth Guide)

AIHR

During a talent review, managers and leaders discuss individual employees’ contributions, career aspirations, and development needs to make informed decisions about promotions, assignments, and succession planning. This allows for targeted development and investment in key talent.