Succession Planning
Our expert consultants guide you through a proven succession planning process to secure the future of your organization.Â
Succession Planning Process Steps
PREPARE
- Identify Mission Critical Roles
- Assemble Succession Committees
- Define Critical Competencies and the Nomination Process
IDENTIFY & EVALUATE
- Nominate Potential SuccessorsÂ
- Discuss & Short-list Nominees based on Talent Reviews
- Nominees participate in an Objective AssessmentÂ
DEBREIF & DEVELOP
- Discuss realistic career paths with nominees
- Create & implement development plans
- Measure progress & readiness
SELECT & TRANSITION
- Conduct structured interviews with finalists
- Incumbent transitions successor
- Discuss path forward with those not selected
What Our Clients Say
The PCI assessment is a key instrument in Cadillac Fairview's talent assessment toolkit. The assessments, and time with an organizational psychologist, provide an objective data set to support all facets of our talent processes including recruitment, succession planning, and leadership development. Our CF Values are core to everything we do, and Deborah Bell and team have been incredible partners in aligning insights and reports to reinforce our Values behaviours that support our OneCF Culture and enable business performance."
-Vice President, Human Resources and Change Management
The Role of Assessments in Succession Planning
Executive Assessments
An objective assessment reduces biases and helps to identify the leaders with the most potential to be an effective successor.
360 Degree Feedback
We usually conduct interview-based 360 for CEO succession because it provides the richest data. At other levels, we create a customized online tool that measures your success factors.
Individualized Development Plans
Data from the assessment and feedback reveal each leader’s unique set of strengths, gaps, and risk factors. Tailored developmental activities are designed to fill the gaps and mitigate the risks.
Benefits of an Effective Plan
Hiring or promoting without preparation can lead to costly failures, disruptions, and high turnover.
Take Your First Step Today
Succession Planning Best Practices
Succession Planning isn’t easy, but it also isn’t rocket science. In this guide, you’ll learn…
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