Succession Management:
Streamline Succession Planning and Leadership Development
In addition to the demands of maintaining competitiveness in the present, successful organizations must plan for their own evolution under changing circumstances.
TEDS Succession Manager automates two future-oriented human capital components:
Succession Planningto identify, develop and direct high-potential employees toward the top positions in your company
Leadership Development
to identify and develop candidates for critical jobs in numerous locations and hierarchies.
These vital processes anticipate the inevitable gaps in organizations when employees leave or retire, and can also be utilized to pre-select the leadership needed for expansion. And by making it possible to fold in existing data related to competencies, learning, and performance, Succession Manager employs a comprehensive approach to keep your organization focused on its larger objectives over time.
Important Benefits for the Organization
A More Stable FutureLay the foundation for the continued competitiveness of your organization by ensuring the execution of an orderly succession strategy. Identify high-potential candidates, shape their development for top positions, and track their readiness. Succession Manager also helps generate a ready supply of next-generation leadership throughout the enterprise.
Succession Management on Your Terms
Create and manage the succession planning and leadership development criteria that best suit your organization. Build specific competencies related to jobs and job families, succession lists for critical jobs, indicators of readiness and markers for high-potential employees.
Greater Efficiencies
By automating succession management functions, succession planning and leadership development tasks can be carried out with greater speed, accuracy and fairness while also building audit trails and freeing related resources and staff for more strategic initiatives.
Powerful Analytics
for Decision Making
Whether the strategic goal is short-term, long-term or both, Succession Manager allows decision-makers to rank key candidates, view resumes, view performance plans and results, work with development plans, and look down through the organizational hierarchy for succession plans already in place.