Prepare the future leaders for success

Mastering succession planning will protect the future of your business.

Prepare the future leaders for success

Mastering succession planning will protect the future of your business.

Prepare the future leaders for success

Mastering succession planning will protect the future of your business.

Shape the next leaders in your organization with a talent management solution

Succession planning is a series of actions you can take to identify the next leaders of your business. With the right talent management solution, you can turn today's star performers into tomorrow's leaders. Such a solution should address:

Your business goals. A company needs to make sure its business is aligned around its strategy. In a recent study, Timothy Devinney, a professor of strategy at the University of Technology in Sydney, Australia, reported that only 29.3% of people can correctly pick the strategy statement of their own organization. Skilled workers only become top performers when their goals are aligned with business objectives and their energy is directed at the right targets.

People performance. The typical business that used performance management and appraisal software shows a reduction of low performers, while the percentage of high performers in the company goes up. A good HR solution should include functionality to plan and track employee training and development. Acquiring new skills can improve worker performance, as well as boost employee engagement.

You will be able to measure the impact of good succession planning in three ways:

1. Cost savings: The automation of manual processes saves time, and the increased focus on talent management reduces employee turnover.

2. Revenue growth: You will more easily identify the best internal candidates for open leadership jobs and position your company for success.

3. Improved employee productivity: Better talent management enables your organization to retain more high performers, thus improving productivity.

Your workforce is changing


Change with it

Identify tomorrow's business leaders

Natural leaders tend to have a restless energy that they are keen to put to good use, even if it’s outside of their role. Find out who is taking on additional responsibility on top of what’s in their job description. Maybe they are effectively doing more senior roles, or improving employee relations by running team building days and organizing social events that help to build morale.  

Spot the star performers

By understanding which areas of the business are performing well and which employees consistently work above and beyond the call of duty, you can ensure the professional development of those star performers.

Introducing Sage People

Great people make a great business, which is why you should get succession planning right.