Download - Optimizing Your Succession Plan

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Speakers: Dr. William J. Rothwell President Rothwell & Associates, Inc. Sean Conrad Talent Management Evangelist Halogen Software

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Dr. William J. Rothwell President Rothwell & Associates, Inc. Sean Conrad Talent Management Evangelist Halogen Software

Optimizing your Succession Plan

A deeper dive into understanding your company’s succession planning efforts,

compared to best practices

If you’re joining us now..

• Ideally, you’ve taken the succession assessment from Halogen and Rothwell & Associates here: www.halogensoftware.com/resources/succession-assessment/

• You want to learn more about the elements of a best practices succession program and what your results mean.

• You want insight into how technology can help

http://www.halogensoftware.com/resources/succession-assessment/


Copyright 2013 by Rothwell & Associates, Inc.

by William J. Rothwell, Ph.D., SPHR

and The Rothwell & Associates Team

Chad Chae Maureen Jones

Steve Welch Leen Zaballero

Optimizing Your

Succession Plan

Optimizing Your

Succession Plan

This session will: • Differentiate Replacement Planning

and Succession Planning • Introduce Rothwell STAR Model • Explain Succession Assessment

and Report • Show an example of how

technology supports best practices

about the facilitator


Replacement Planning

The process of identifying individuals as backups for key positions on a short-term or long-term basis



Succession Planning

• …the process of pinpointing key needs for intellectual talent and leadership throughout the organization over time and preparing individuals for present and future work responsibilities needed by the organization.

It emphasizes the internal development of people.


One Possible Roadmap: A model to Guide management Succession Planning

Source: Rothwell, W. (2010). Effective succession planning: Ensuring leadership continuity and building talent from within. 4th ed. New York: Amacom.

Make the Commitment

Evaluate the Program Clarify the Work / People Now

Assess Potential Clarify the Work /

People Needed in the Future

Plan for development Appraise performance



Make the Commitment





Identification

• Aging Workforce • Fast Growing

Markets



Make the Commitment





Assessment • Prompt leader to evaluate

program tool • Disagreement • Clarify roles assess potential



Make the Commitment





Development

• Halogen R&A overcome obstacles

• Lack of structure



Make the Commitment





Management

• Complete the full circle program

• Most often missed portion


Succession Assessment Basics

• Who should complete the assessment?

• We prefer multiple reporters

• Those who are integrally involved

• Multiple views of the organization

• CEO

• Director of HR

• Upper level middle manager


Succession Assessment Basics

• View of ORGANIZATION’S Succession Planning Program

• Not the person’s / department’s program

• CURRENT program assessment

• Not what you WANT the program to be


Taking the Assessment: “Hover Text” for Better Context

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3

4

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Hover Text describes what the question is asking

It gives you better cues as to how to answer

We encourage you to read each question’s hover text PRIOR to answering the question

Best results come from understanding what the question is trying to ask

Avoids individual definitions


Interpreting your results

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The one page report provides a summary

The full interpretation can be explained with a personal review with R&A

No matter how low the score – we can help

We can work together to help each organization


Assessment Report Detailed Ratings


Assessment Report Overall Score


For further insight

• Visit www.rothwellandassociates.com

• Complete form to chat with a consultant, or call us!

• We’ll reply within 48 business hours and follow-up with a phone call and a more in-depth intake

http://www.rothwellandassociates.com/


R&A Additional Services

• Technical Succession Planning

• Competency Modeling

• Talent Management

• Leadership Development

• Managing Change Positively

• Creating Best Practices in Organization


Employee profile workforce intelligence

Mission Vision Values

Strategy Goals

Feedback and performance

Learning and development

Succession

Compensation Job descriptions

Recruiting

360 reviews


• If you haven’t taken the succession assessment

yet, or want to revisit it with more context visit www.halogensoftware.com/resources/succession-assessment/

• To learn more about how Halogen’s solutions can support a best practices succession program visit www.halogensoftware.com/products/halogen-esuccession/

• To learn more about how Rothwell & Associates can help you develop a strategic succession and talent management program visit www.rothwellandassociates.com

Some Next Steps




http://www.halogensoftware.com/products/halogen-esuccession/



http://www.rothwellandassociates.com/


Questions?

For more information:

William Rothwell, Ph.D., President, Rothwell & Associates, [email protected]

Connie Costigan, Director of Marketing and Communications, Halogen Software [email protected]

mailto:[email protected]

mailto:[email protected]

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