Growing Your Company’s Leaders
January 25, 2008 by admin
Filed under Books, Management
How Great Organizations Use Succession Management to Sustain Competitive Advantage
by Robert Fulmer and Jay Conger (07700)
Due to the fact it is now common place for executives to change from one organization to another during their careers, succession management has moved from the background into headline status. What was once an issue of interest only to the human resources department is now a potential source of competitive advantage for organizations large and small. Quite simply whoever can win the war for executive talent stands the best chance of prospering in the future.
The seven key elements of a robust succession management system are:
Corporate Strategy
Sponsors and Owners
Talent Identification
Development Linkages
Assessors
Tracking System
Success Metrics
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