Succession Planning: Tackling 3 Critical Challenges | Brian Heger

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter.  Here is my infographic that addresses three fundamental challenges in succession planning: 1) Lack of succession depth, 2) Lack of successor readiness, and 3) Turnover in the successor pool. For each challenge, I’ve outlined sample metrics that help identify potential issues, along with actionable recommendations. For instance, …

Read More

Tags:

How HR Can Respond to Rising CEO and C-Suite Turnover | Newsweek

HR Effectiveness

If you find value in content like this, sign up for my Talent Edge Weekly newsletter. Managing executive retention and turnover has always been an important aspect of talent management. However, some recent data points indicate a growing concern around retention at the executive level. An October 2024 Gartner survey of 200 CxOs (defined as C-suite leaders …

Read More

Tags:

Can AI Fix Succession Planning? | Forbes

Talent Management

Organizations are exploring new ways to enhance the effectiveness and impact of their succession planning (SP) practices. Like other talent strategies, AI shows promise in complementing both the science and human judgment involved in SP decisions. In a recent article, Dr. Tomas Chamorro-Premuzic outlines four ways AI can add rigor and objectivity while enhancing its human aspects: 1) Evaluating Past …

Read More

Tags:

Succession Planning Cheat Sheet: Questions, Metrics, and Triggers | Brian Heger

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter. Succession planning (SP) continues to be a top priority for many organizations. In response to frequent requests for SP resources, I’ve created a one-page cheat sheet that consolidates elements from three of my templates into a single summary. It includes: 1) …

Read More

Tags:

9 Trigger Events that Prompt a Reevaluation of Succession Plans | Brian Heger

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter. I recently shared my template to help leaders and practitioners evaluate when to update succession plans to keep them relevant and effective. While reviewing plans at least annually is a good practice, certain trigger events may necessitate a more immediate reassessment. These reviews ensure …

Read More

Tags:

Reevaluating Targeted Positions in the Succession Planning Pool | Brian Heger

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter.  Many HR teams are enhancing their talent practices to deliver greater value to stakeholders, with succession planning (SP) being a top priority. Rather than simply updating plans with names and readiness levels, now is an ideal time for a more thoughtful …

Read More

Tags:

CEO Succession Practices in the Russell 3000 and S&P 500 | Harvard Law School Forum on Corporate Governance

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter. This new report explores CEO succession practices in the Russell 3000 and S&P 500, revealing several key insights: 1) Internal Promotions: CEOs are typically promoted rather than hired externally, with the Chief Operating Officer role being the most common path to the top, although …

Read More

Tags:

24 Succession Planning Metrics and the Questions They Help Answer | Brian Heger

Talent Management

If you find value in content like this, learn more about my new Talent Edge Circle private community for internal HR practitioners.  As I continue to receive requests for succession planning metrics, I’ve developed this one-page reference outlining sample options. Instead of merely listing the metrics, I’ve started with the questions each one answers. This reference categorizes …

Read More

Tags:

5 Succession Planning Resources | Curated by Brian Heger

Talent Management

If you find value in content like this, sign up for my Talent Edge Weekly newsletter. As I continue to receive several requests for resources on succession planning (SP), here is a one-page infographic containing links to five different resources on SP. A few of the resources include: a 20-minute discussion from CNBC’s WEC Summit with Christina …

Read More

Tags:

7 Resources on Succession Planning and High-Potential Identification | Multiple Sources

Talent Management

If you find value in resources like these, you can sign up for my free Talent Edge Weekly newsletter. As I continue to receive requests for resources on succession planning (SP) and high-potential identification, I am resharing the following resources: Succession Planning (SP) Metrics Tracking Template. This one-page editable PDF includes 10 sample metrics (choose a few) …

Read More

Tags: