High-Impact Succession Management: Best Practices, Models, and Case Studies in Organizational Talent Mobility

Date Published: 4/1/2009

Author: Kim Lamoureux (more research by Kim Lamoureux)

Industry Study

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Overview

This industry study examines the best practices and trends for modern-day succession management. The report includes benchmarking models, case studies and commonly used tools and technologies. Executive Overview Audio Overview Table of Contents

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High-Impact Succession Management: Best Practices, Models and Case Studies in Organizational Talent Mobility is the first study to take a comprehensive view of succession management and examine what companies are doing at all levels of the enterprise – not just at top executive levels.  The study was conducted in partnership with the Center for Creative Leadership, an internationally recognized provider of executive education.

The study is based on an extensive survey of 220 senior HR leaders with responsibilities for succession planning and management; in-depth interviews with more than 25 senior business executives and succession management program managers; and a quantitative survey of more than 100 business leaders who provided input on their perceptions of the overall effectiveness of their company’s succession management strategies.

Today, talent mobility – the ability to quickly and effectively reorganize and move talent into new roles and vacancies – is critical to business success.  Without an integrated, top-to-bottom succession management program, your organization can’t make informed talent-related decisions.  High-Impact Succession Management serves as a detailed resource for business and human resource executives involved in all aspects of succession planning and management. 

The study includes: 

  • A five-stage maturity model for succession management
  • Ten best practices for maximizing business impact
  • Actions to immediately improve current succession management processes
  • A discussion of commonly used tools and technologies
  • Case studies and examples from companies such as BASF Crop Protection, United Stationers, Knauf Insulation, and the The Kudelski Group
  • More than 80 graphs, charts, and tables

Following are highlights of research findings: 

  • More than half of research respondents said their companies implement succession management processes at only the most senior executive levels. 
  • Only 12% of respondents said their companies’ succession management programs are integrated with talent management programs such as performance management and employee development.  
  • Fewer than 40% of respondents said their companies include mid-level managers and skilled professionals in succession planning initiatives; only 11% included first-line supervisors.     

High-Impact Succession Management is available at no cost to all Bersin & Associates research members.  Non-members can purchase the study for $1,495.   

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