By SUSAN KIHATO
In Summary
- Businesses replace employees who leave without considering how roles meet future needs of a company.
Succession management is a key concern for most
employers today. Inevitably the workforce is greying and job seekers in
the market lack the skills and experience that organisations need to
sustain high productivity.
The war for talent is at all-time high for skills and experience — which are generally lacking.
Many human resources (HR) managers and senior management will say that they do succession management in their organisations.
However, upon deeper investigation, what they
actually mean is that they have someone in mind to replace one or more
key positions, should they fall vacant. According to Aon Hewitt, these
leaders are actually conducting replacement planning.
Replacement planning largely assumes that the
responsibilities of the position will remain the same and thus focuses
on ensuring that the current incumbent is replaced on the same job
description, sometimes sadly not even imminent redundancy of the role is
noticed.
Talent needs
By looking at the role in isolation, replacement
planning does not consider how the role addresses the larger future
needs of the organisation.
Replacement planning looks to replicate the skill
levels of the incumbent, instead of finding the best person to realise
the future potential of the role.
Succession management on the other hand speaks to
the organisation strategy and looks at ensuring the continuity of the
organisation.
It’s a process that ensures that employees who have
high potential are identified and their skills developed to even higher
levels than those of existing incumbents in identified key roles.
Succession planning addresses talent needs of the
future planned roles, to ensure that suitable candidates are already
lined up to succeed these roles.
An important characteristic of succession
management is creativity and innovation, to ensure that the most
effective methodology is used to identify suitable candidates.
Replacement planning is very myopic in practice,
encourages promotion within ‘silos’ of specialisation rather than
encouraging managers to focus on the growth strategy of the
organisation.
What is succession management?
Success management is the process of identifying
and developing internal talent to meet the needs of the organisation now
and in the future.
Allow me unpack five key words from the above definition, which I consider essential to succession management.
A process is a series of actions or steps taken in order to
achieve a particular end and in the case of succession planning the end
is a talent pipeline.
The process can be simple or complex and is largely
guided by the organisation needs, the process can also be as granular
as the organisation deems fit for its roles.
To develop means to cause to become better or
advanced. When applied in succession management, it means the systematic
transfer of relevant skills and organisational knowledge to the
identified talent. It will involve coaching and mentoring relationships.
Needs are the non-negotiable talent requirements of an organisation, that affect its survival in the market place.
The pressure on succession management is to
effectively allocate resources, in a manner that can clearly demonstrate
return on investments by addressing the needs of the organisation.
Now and future, refers to time which is very vital
for any organisation. When an organisation takes cognisance of the two
aspects of time, their actions are deliberate and seek to meet these
needs.
Should you be concerned with Succession Management?
Yes you should be! A successful organisation should live beyond the individuals who works in it and planning is the key.
The war for talent will only be won through
strategic thinking and therefore begs for the human resources managers
to be vigilant and apply the best industry practice in succession
management.
In Kenya some organisations have taken up
succession management as a long term strategy to ensure the continued
growth of the organisation.
Some of the strategies adopted included talent
pools of qualified internal candidates who are not only capable of being
successful in a role, but have the potential to transform the said
role.
Another strategy applied is the accelerated
management training programme, whereby the incumbents are accelerated
through the system into entry level managers.
Ultimately the senior leadership must drive
succession management and ensure that it is directly aligned with
overall business strategy.
Ms Kihato is senior HR consultant at Aon Hewitt, a human resources consulting division of Aon Kenya Insurance Brokers Ltd.
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