The benefits of external succession planning are business and leadership continuity. The risks associated with a change at the helm of a company - when the C suite leaves - can have implications for investors, customers and employees. In traditional organizations, it is also likely that the CXO has groomed his No.2 to step in. However, it pays to identify and hire external top talent from the best talent pools; so that the organization can stay aligned to its long-term vision and goals. A structured plan for succession planning enables this; while at the same time, eliminating risks associated with a sudden leadership transition.
In today’s business landscape, companies are looking strategically at hiring someone from outside of the organization. The reasons are many: outside perspective, new blood in the C suite or simply someone with the right exposure to an evolving industry. Moreover, using real-time data on talent pools available and based on accurate and reliable information benefits an organization. Our external succession planning service has been built on years of experience and insights into this aspect of leadership hiring. We understand fully the challenges that hiring for leadership succession puts on an organization’s leadership in terms of resources, time and focus. We make your search for succession planning broad-based, efficient and cost-effective.
By leveraging our ‘Talent Inventory’ services, an organization can map its C suite talent that can step in to take the baton; when a transition is planned. Our specialized service is a project-based time-bound contract; in which we continuously track potential talent to lead the organization/function/role. Your organization benefits from a real-time view of talent pools across several geographies and industry sectors and aligns your search to build a sustainable & insured succession plan. Each project is concluded & summarised in structured and data driven research reports; that can be used by your in-house talent acquisition & retention team in the present FY or the future.
How Does It Help You
Builds an external succession plan
Prevents a leadership transition gap.
Makes Hiring Decision Proactive
Internal/External Perception Management
Reduces Talent Exit response time
Makes your succession planning more structured with a major intelligence & data of available external talent
Our expert researcher works directly with your internal talent acquisition team to ensure a flawless last mile delivery
Names, job titles, employment history, location, education qualification, direct contact details & interest level validation
Makes your succession planning more reliable by reducing the dependability on Internal succession plan
A comprehensive and quick access report presentation that can be used by your in-house talent acquisition & retention team
Tap the Untapped- Locating the untapped talent pools across sectors & geographies which might be missed by conventional recruitment methods
Reduces Transition Gap: A realistic understanding of external talent pool makes your hiring decision quick for a seamless business continuity on an exit
Cherry Picking- Drastically eliminates the Risks associated with hiring from limited choices i.e. cherry picking best of best
Proactive Decisions- An instant access to relevant external talent makes your hiring decision proactive and pro-responsive to any critical exit.