Stocking Your Talent Pool With Knowledge Capital
Not too long ago an organization's succession strategy was a reactive experience. The human resource role was to “keep the pipeline filled” and react to the open positions. Millions of dollars in opportunity were lost as a result. Today, the new HR organization requires the ability to identify, assess and develop talent to ensure continuity of leadership for all key positions in an organization.
The Softscape succession planning module uses information collected from the AchievementPlus system to help managers identify, prepare, and track candidates for promotion. As key positions open up in the company, gap analysis management identifies employees who are candidates for promotion, and evaluates their potential for successful placement. This system can also highlight areas where a potential candidate may need reinforcement and project a timeline for readiness. Information and documents are automatically routed to those reviewing and tracking succession plans.
CIO Research Library
