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Challenges > People Challenges > Succession Planning

Businesses without a succession plan can often find themselves struggling to find the right people to take on key roles that are created either by expansion or by key staff members being promoted or retiring. 

A lack of proper succession planning can lead to a reduction in output and productivity, over-work of employees in roles adjacent who have to pick up the additional workload and reduced employee engagement as staff struggle to see how they will be able to grow within the organisation, which in turn leads to increased staff turnover.

45% of organisations struggle to develop management talent
13% of executives rate their organisation for its ability to succession plan effectively
86% of leaders see succession planning as an urgent or important priority

Learn How To Overcome Staff & Talent Shortages

Succession planning consulting is undoubtedly the most COST-EFFECT way to ensure skill shortages do not occur, and the most PROFITABLE route to delivering your desired RESULTS.

Many businesses see the significant benefit of growing their own talent to fit the succession plan. This has a number of benefits, including:

✔  Cultural fit

✔  Improved employee engagement 

✔  Improved staff retention

✔  Improved staff motivation

✔  More cost-effective than continuously hiring.

 

 

Tool Kit

At Chalkhill Blue, there are a number of core tools that we use to help clients create their succession plan. These include undertaking a core competency gap analysis, creating a comprehensive people plan, and implementing a robust people development programme linked to the overall business growth objectives.

360 Degree Appraisal

Organisational Skills GAP Analysis

Scenario Planning

More Tools

Why Not Try Our Milestone Survey?

Understand what stage your business is currently at, and get a bespoke report that will help you take it to the next level!

As businesses grow, they invariably face some very specific challenges. Understanding how best to address them, in what order, whilst also identifying the opportunities associated with these challenges is a critical part of unlocking your business’ true potential.

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What Our Clients Say About Us

Having helped 1000s of businesses and leadership teams, we think they’re best placed to tell you about the impact we’ve had…

We now have a clear sense of direction in terms of where we’re going, why we’re going there and what we need to do in order to achieve our goals

MD, Construction Business

The real deal…. They bring very sharp intellect tempered with amazing practicality

Founder, Energy Consultancy

They are a real asset to my business

CEO, Digital Marketing Agency

We’ve managed to achieve so much more in a short period of time

MD, Care Home Group

We’re on target to achieve an 80% rise in turnover

MD, Landscaping Business

One of the best things I’ve done for my business is to work with Chalkhill Blue

MD, IT Recruitment

Working with Chalkhill Blue has empowered us as business owners to dare to think bigger and better, giving us the confidence to make big decisions

Director, Industrial Tapes Business

Their sensible and practical approach to what business owners see as the “big issues”, breaks down those barriers and really helps those businesses achieve their full potential

MD, Regional Accountancy Practice

Sharp business acumen, remarkable strategic agility and a genuine bias for action & getting things done

MD, HR Transformation Practice

They instinctively understand the business of business. They have an uncanny ability to get to the heart of a problem and grasp detail. I would not hesitate in recommending them.

Director, Transport Consultancy

Our business has been transformed from a family firm to a performance business, with turnover up by 100% and net profits quadrupling.

Director, E-Learning Business

Chalkhill Blue are sharp, entrepreneurial and strategic. I would not hesitate in recommending them

MD, International Media & Events Business

Despite its obvious importance, many organisations continue to struggle to create a succession planning strategy.

At Chalkhill Blue we help you create not only clarity and focus, but more importantly we specialise in helping you to develop and implement a winning succession plan.

Book a call to discover how you too can achieve the results you’re hoping for through our succession planning consulting.

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