Succession Planning & Performance Management

Prepare future leaders

A key process

Succession Planning is a strategic process used to prepare future leaders and identify valuable replacements for high-level positions, by identifying their suitability to step into key positions in both near and long term perspectives. As a major advantage, this process creates a strong talent pipeline of internal candidates prepared to fill out critical roles. At the same time, it helps to increase employee engagement and commitment, promote career development, secure talents and reduce turnover rate amongst key positions.

Succession planning process is the key for long-term and sustainable business success. It fosters growth in future leaders and protects organizational health. We are sharing below some reasons why succession planning is beneficial for any organization:

Why is succession planning so important?

Defining a clear future

Being aware of the competition for talent in the employment market, we act like knowledgeable partners in assisting our clients to design an internal succession planning program.

Performance management is an annual and complex process of communication between leaders and employees with significant impact in driving operational excellence, preparing people and organization for growth and defining a clear future direction.

Align individual objectives

The scope of the process is to align individual objectives to business priorities, create a healthy personal development plan and encourage a culture of continuous feedback. By the end of each year, the appraisal form will allow both leaders and employees to track the successes throughout the year, highlight the achievements and celebrate partnership.