Part
4
People Resourcing
276
Management succession
planning
Management succession planning is the process of
ensuring that capable managers are available to fill
vacant managerial posts. Three questions need to be
answered: first, are there enough potential succes-
sors available – a supply of people coming through
who can take key roles in the longer term? Second,
are they good enough? Third, do they have the right
skills and competencies for the future? At different
stages in their careers, managers may be categorized
as being ready to do the next job now, or being
ready for a specified higher-grade position in, say,
two years’ time, or as a high-flyer on the ‘A list’ who
has senior management potential. Such assessments
generate development plans such as leadership and
development programmes, special assignments and
job rotation.
As noted by Iles and Preece (2010: 256), succes-
sion planning can be seen in terms of identifying
successors for key posts and then planning career
moves and/or development activities for these
potential successors. They suggested that:
Processes need to be designed round purpose,
population, principles, process and players, with
senior management engagement and HR
championing. The highest potential employees are
thus offered accelerated development and career
paths. Of course, the downside is that non-selected
employees may feel that they are less valued and
have less access to development opportunities.
They also commented that in reality few companies
have such programmes and that some are critical of
attempts to equate succession planning with talent
The overall aim of talent management within IBM is ‘to
develop the leaders of tomorrow’. Part of what makes it
a global company is the importance it places on high-
potential people gaining international experience. For em-
ployees, being identified as talent therefore drives many
opportunities in the company.
Every leader in the company has responsibility for
identifying and nurturing talent. The areas for them to
look for are aptitude, potential and the ability to grow and
develop. The identification of talented individuals is based
on their performance against 10 leadership competencies,
which are consistent globally. The leadership com-
petencies are used as a development tool for employees
at all levels in IBM, not just those already highlighted as
having potential.
Readiness for promotion to executive roles is linked to
competencies. For example, if an individual needs to get
client relationship-building skills, then his or her next job
has to include that. Readiness is categorized in terms of
‘next job’ or ‘two jobs away’ rather than a number of years.
IBM
Standard Chartered Bank
As reported by the CIPD (2010c), Standard Chartered was
looking closely at its existing approach to talent manage-
ment. This has involved:
●
re-examining the processes, to ensure that there is
greater transparency, education and understanding
about the importance of robust talent identification
and development;
●
embedding talent processes to establish clearer links
between our talent processes and other global people
processes around performance management and
engagement;
●
encouraging more experiential-based learning centred
more on on-the-job learning and learning from others;
●
providing support to help our managers and leaders
engage and motivate their teams;
●
ensuring that talented staff continue to perform above
their peer group, are highly engaged and that they are
retained.
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