WAI’s succession planning is a powerful process that helps organizations identify leadership talent for the future.
The result of this proactive planning provides an organization with a strategic competitive advantage, accurate leadership information that is available at the right time.
Succession Planning, unlike retrospective performance, considers individuals’ potential compared against the Leadership Competencies for senior positions.
Important factors of an individual’s ability to operate in more responsible positions include understanding and appreciating their:
Unique experiences that they bring to the company
Educational background
Current performance on the job
Assessment against objective leadership criteria
Professional development through leadership competency(ies)
Considering each of these variables assists the company in making more informed and objective talent assessments.
As a result, the succession planning process helps organizations create opportunities, which provide growth for both associates and the company.
