Succession Planning

“Make your mold. The best flux in the world will not make a
usable shape unless you have a mold to pour it in.”

- Robert Collier

Ask yourself:

Often, in an effort to achieve short-term objectives, it is easy to become so focused on the organization's immediate needs that long-term plans and strategies receive little or no attention. However, such short-term focus often leads to long-term disaster. Nearly 70% of all previously successful businesses fail because they neglect to develop and transition responsibility to the next generation of workers. In addition, the importance of succession planning is magnified in light of the aging work force. Many organizations are already finding it difficult to find top business and technical leaders to fill key roles. Imagine how much more difficult it will be just ten years from now, when more than half of all baby boomers will have reached retirement age.

The Competency-Based Advantage:
Despite what some may think, there are no magic formulas, mind-reading, or clairvoyant skills needed to implement an effective succession planning system in an organization. The ability to identify and develop practical, hardworking business leaders simply requires an equally practical, hardworking system that can identify the knowledge, skills, and abilities required in a key position, and match them to the knowledge, skills, and abilities of potential candidates. This is one of the many advantages of a competency-based HR system. With a competency-based system you can:

What Fidello Can Do For You
Fidello Training Technologies is a leader in competency-based HR systems. Our approach to succession planning can provide your organization with the following: