The Best Hiring Practices for 2017 Include Succession Planning
As a talent management consulting firm, we see time and time again that succession planning is critical for a sustainable business.We’ve noticed the businesses that intentionally spend a good chunk of time EVERY year to develop and implement succession plans thrive under transitional periods by appropriately filling talent and knowledge gaps when needed.
We appreciate good planning, and strategic leader, Brent Holland, has identified 8 of the top qualities of an effective strategy. Our four favorites are the following:
Having a constant pool of talent available, rather than waiting for a need-to-fill basis.
Customization to the specific organization, not just industry focused.
Having open communication with potential candidates regarding succession planning.
Development programs for the high-potential candidates.
Companies get desperate when they try to fill roles and they almost NEVER have the talent pool built to support their efforts. Through our experiences with implementing best hiring practices, we’ve learned that succession planning really goes a long way.
What has worked or not worked for your succession plan?
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Anna joined Wejungo after 10 years of recruiting high school students to go to college. Throughout her career, Anna found that she loved talking with people and learning about their life and accomplishments. She wanted to find a career where she could learn from inspiring and accomplished business owners and leaders as well as impressive candidates with unique background, interests and successful careers that span 20+ years!
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We are a leading Talent Strategy Consulting firm specializing in talent management, hiring processes, exit strategy planning, recruiting solutions and employee retention programs. We also have a California executive search recruiting division finding top sales, business development, marketing and operations talent. We love helping companies connect their business strategy to their talent needs.
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