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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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How to Develop a Staffing Planning (With Staffing Plan Example)  

AIHR

Used as a model, a staffing plan is a detailed illustration of the organization’s talent pool. It highlights the roles needed in each business unit, the required skills and competencies, succession planning, staffing budget, and ongoing development.

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What is Employee Training (+ How To Develop an Employee Training Program)

AIHR

Employee training benefits Methods of employee training 7 Steps to develop an employee training program Employee training systems Training effectiveness metrics Employee training plan template What is employee training? Moreover, retention rates rise 30-50% for companies with strong learning cultures.

Metrics 83
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Director of People and Culture Job Description and Salary

AIHR

Data and analytics: Review HR metrics and analytics to measure the effectiveness of HR programs and make data-driven recommendations to improve HR processes. This role involves providing high-level leadership and ensuring alignment of HR practices and business metrics.

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What is a (Good) Promotion Rate and How To Calculate It

AIHR

The promotion rate is a key metric that helps HR and business leaders understand how many employees are promoted internally within the company. A promotion rate is an HR metric that measures the rate or frequency at which employees are promoted to fill open positions within an organization over a specific period.

Metrics 76
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What Is a Talent Pipeline? 101 Guide To Building a Robust Talent Pipeline

AIHR

Succession planning is an integral part of talent pipeline management. Succession planning: Identifying high-potential individuals within the talent pipeline who can step into key roles in the future. Develop succession plans outlining potential internal candidates and the skills they need to acquire for these positions.