Get the Right Succession Planning in your Organization with SAP SuccessFactors Succession and Development
Succession Planning plays a vital role in any organization. It is found that companies which has the right succession plan has been more effective in sharing the talent pools and improving the retention of high performing employees. A good succession management helps the organizations achieve more turnovers and provide better visibility among the organizations.
Most companies struggle as they do not have the right succession management to identify the talent for the future roles within the company. But these problem arises only when the organization has the standalone succession management instead of integrating with the other talent management process. SAP SuccessFactors succession and goals management integrate the company-wide talent searches to visualize talent gaps in the organization. This will then help the managers to identify and fill the high potential employees in the critical roles.
Thus SAP SuccessFactors Succession & Development helps organizations by
- Identifying key positions to address the current and potential talent gaps and reduce the risk of poor business execution.
- Providing talent continuity which proactively identifies the potential employees and develop them for upcoming job transitions.
- Gaining workforce insights to have more visibility into employee experience, performance, expertise and career aspirations.
- Understanding employee histories to map every staffing move across the company and see gained employee experience.
- Improving career planning which address talent gaps, engage employees, and accelerate learning with targeted development plans.
- Doing Calibrate ratings which ensure objective, accurate ratings across groups and departments using competency-based criteria.
SAP SuccessFactors delivers these succession plans by uniquely engaging all the levels of the organization. In addition to that, it also provides the career development and succession tools for the entire business. By this way, SAP SuccessFactors meet the needs of HR Leaders, executives, managers and all the employees of the organizations. Thus, the SuccessFactors Succession and Development enables organization to take a smarter, faster and better decision making process. By this way, SAP SuccessFactors not only helps organizations but also drives employee benefits by making their life simpler and easier.
To know more about SAP SuccessFactors Succession and Development, download our whitepaper which encloses “Top 6 Ways to create an Engaging and Next-generation workforce in your Organization”