Developing Your Leadership Bench
An organization should always be prepared for their employees to grow into new positions, leave for new opportunities, or begin retirement. Succession planning ensures business will continue to run smoothly when a team member vacates their role.
A key component of succession planning is leadership development. Knowing the strengths and weaknesses of your employees will help you identify the appropriate fit for open leadership roles. Topgrading assessments and development plans help identify potential team members who have the ability, personality and desire to fill leadership roles in the future.
Ensure smooth transitions with succession planning by:
- Identifying key roles that could result in business disruption if left vacant
- Use Topgrading assessments and scorecards to define critical skills required to fill key roles
- Implement development plans to assess candidates and prepare them for future roles
- Build leadership support for the development of high-potential team members
Leadership Development Tools Used in Succession Planning
Job Scorecard - A list of measurable accountabilities, core values, and behavioral competencies that describe how a person is performing in their role.
Topgrading Interview - This process surfaces thousands of data points about the incumbant which we use to accurately identify patterns of strength, weakness, habit, values, and performance.
Team Feedback - Feedback from team members and peers provides valuable insights into strengths, weaknesses, and career potential.
Analysis - Analyzing the data from the Topgrading Assessments in relation to the Job Scorecards provides a uniform, rigorous analysis and accurate conclusion as to the performance of the leader and the team.
The single most important driver of organizational performance and individual managerial success is human capital, or talent.
See Topgrading in Action
Organizations need to be proactive, not reactive, when it comes to succession planning. It’s not enough to simply have a plan – companies must ensure the focus is on leadership development and offering experiences to develop future leaders. The Topgrading tools and methodology provide the insights to identify A player and A player potentials that will build your leadership bench and enable a smooth transition from one leader to the next.
Talk to an advisor to see how Topgrading can help you create a highly effective succession plan.
Idenitfy your next generation of leaders now!
Improve your hiring success with Topgrading. The Topgrading methodology will transform your hiring process by increasing the number of A player hires and decreasing the number of mis-hires. Our leadership and candidate assessment tools will help you assess, hire, retain, and grow high performing teams. Contact us to learn more about the Topgrading approach to hiring and start achieving better hiring results now!