Talent Management Solutions | Talent Management Software | Employee Performance Management Reviews

It's the ROI, Stupid: Making the Argument for Career and Succession Planning

Recorded on March 11, 2008

As a well-informed HR professional, you get it: career and succession planning are indispensable weapons in the battle for talent. An organization can’t just “make it up as we go along” anymore; a carefully thought-out strategy is necessary. So why is it sometimes so difficult to articulate this to upper management? How can you make the execs “get it” too?

There are numerous measures of ROI from talent management, but no single process can impact business results more than Career and Succession Planning. Yet data shows that companies still aren’t making succession planning a priority, even as we’re warned continually about pending demographic shifts and changes in the workforce. Career and succession planning processes are among the most important diagnostics needed for companies to maintain and develop their most important asset, their people.

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