Succession Planning
Succession planning within many organizations is characterized by manual, inefficient, and paper-based processes that do not interest with other key talent processes such as performance management, development, and learning. This often results in a lack of visibility into the talent pipeline, little to no bench strength, poor identification of at-risk positions, a predisposition to external hiring rather than internal talent mobility and rotation, and high performer churn and disengagement.
SumTotal Succession Planning manages business risk and ensures leadership and critical role continuity across all levels of an organization. Industry’s most complete talent management platform SumTotal Succession Planning enables you to:
- Eliminate manual, paper-based succession efforts by implementing a systematic and technology-enabled process for global succession planning
- Establish dynamic talent pools and improve bench strength by empowering business leaders to efficiently search for and track critical talent continuously
- Retain high performers and increase internal job sourcing by establishing a consistent, repeatable, and global process for talent rotation
Key Integration Points:
SumTotal uniquely provides native integrations from Succession Planning to other core talent management processes in order to support a holistic, end-to-end talent management strategy.
- 360 Degree Feedback: Competency reviews by peers can be used as inputs into succession gap analysis
- Career Development: As employees map out their career progressions, plans can be established that address competency, skill, and behavior gaps
- Compensation Management: Financial plans can be tied to future succession plans so that the financial impact can be modeled
- HR Management System (HRMS): Historical information regarding past positions and career progression can be used to guide future succession decisions
- Learning Management: Learning paths and courses can be established for desired future positions
- Performance Management: Performance reviews can identify consistent high performers and top talent in the organization
- Recruiting & Hiring: Job profiles can be shared with Succession Planning; External candidates can be tagged as successors
- Workforce Management: Integrated across the SumTotal strategic HCM solution, SumTotal Workforce Management provides powerful tools to effectively manage labor rules, ensure compliance, and control labor costs and expenses
To learn more about specific capabilities, features, and benefits of SumTotal Succession Planning, download and review the product datasheet.
SumTotal offers customers the industry’s most flexible delivery and deployment options, including the SumTotal Cloud solution.