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Succession Planning

Despite its obvious importance many organisations continue to struggle to succession plan effectively.

Research has shown 86% of leaders see succession planning as an urgent or important priority whilst only 13% of executives actually regard their organisation as being effective at the process of nurturing and developing future talent.

 

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

Common Problems

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. This 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.

 

 

Succession planning focuses on identifying and growing talent to fill leadership and business-critical positions in the future. In the face of skills shortages, succession planning has gained popularity, and is now widely carried out in both large and smaller organisations. Many businesses see significant benefit of growing their own talent to fit the succession plan. This has a number of benefits, specifically in the areas of cultural fit, employee engagement and staff retention and motivation.  It is also a more cost-effective strategy than continually hiring in via recruitment companies.

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

How We Help

We help you create not only clarity and focus, but more importantly we specialise in helping you develop and implement a winning plan.

Clarity

Focus

Action

Book in for a call with our team today

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