Guard against uncertainty and skill obsolescence with succession planning. Here’s how. | Thomas.co

Guard against uncertainty and skill obsolescence with succession planning. Here’s how.

10-Minute Takeaways

Guard against uncertainty and skill obsolescence with succession planning. Here’s how.

The pandemic made the case for contingency planning clear, yet only a third of businesses plan succession. Fewer still have talent management systems that can support agile working.  

Whether it be the new majority of millennial job-hoppers, the growing gig economy, or the accelerated pace of change due to technological advancement, the working world is changing.  

To manage uncertainty and win the race against skill obsolescence, organisations need to cultivate pipelines of talent through fluid yet systematic succession planning.  

This is your practical guide to successful succession planning for uncertain times. 

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What does this 10-Minute Takeaway guide cover?

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Why do companies need to upgrade their succession planning?

High uncertainty, digital transformation and changes in workforce demographics demand that companies tear up traditional succession planning models.

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How to plan succession in the new normal?

Agile and hybrid working patterns and the millennial workforce have disrupted succession planning processes. Discover how succession planning is evolving.

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Which tools and techniques support effective succession planning?

Discover the top five impacts of failed succession planning and the practical tools and techniques you can implement to secure your talent pipeline.