Career and Succession Planning
Career & Succession Planning module manages every step of the career and succession planning process, tracking information about people’s future potential, past performance, career aspirations and retention risk.
Comprehensive interactive analysis tools and reports provide invaluable input to formal talent review processes, helping to identify talented individuals for the future, regardless of location. Employees can clarify and record their own career preferences, including geographic mobility, preferred next steps and any cross functional development required, generating a balanced career plan. Key indicators of organizational health such as bench strength can easily be determined using powerful reporting tools.
Career & Succession Planning is one of the main components of Charisma HCM Talent Management. The solution works seamlessly with Skills and Competency Management and Performance Management modules, helping the company establish the right development and rewards programmes.
Financial and operational benefits
Supports management decision-making by supplying detailed information on key positions and potential successors, including reports, charts and analysis.
Builds detailed succession plans and a complete picture of your global talent pool across critical functions, countries and regions, including talent balance sheets to assist talent management reports.
Reduces the company’s dependence on hiring external talent by identifying and developing internal successors.
Maintains a real-time organizational view of individual career histories and current and projected readiness, and proactively identify potential gaps in bench strength.
Keeps your employees motivated and challenged through their personal development and individual career plans, with proactive career development.
Some of our customers who use Career and Succession Planning