Current Situation
Most companies do little or no planning for filling positions in the event of turnover. Those few that do conduct succession planning do so manually for only the top one or two layers of senior management
Goals and Objectives
Succession can be thought of as the top-down complement to career planning which is bottom up. Planning for all key positions creates a tangible and visible career path for employees – all of which lead to employee satisfaction and retention. .
Technology Deployed
This use case is supported through software that intelligently parses and matches required job skills and attributes to employee skills and attributes possessed for all critical positions. Systems improve through repeated matching via machine learning.
Use Case Summary
Adaptive succession planning enables organizations to create and build an intelligent plan for filling critical roles from within when the need arises. Smart succession lowers future risk by executing on an intelligent plan for minimizing the likelihood of lengthy vacancies in critical roles