Succession Planning and Management, a need for every company

In today’s job market, there is more competition than ever before when seeking a new job. Still, there is also more competition amongst employers to maintain the employees they currently have. Long gone are the days when a simple job turned into a lifelong career with the same company. Employers are facing an ever-changing and competitive job market. High value, skilled or educated employees have access to a wealth of job opportunities through online search platforms, email lists or headhunters on LinkedIn. To maintain valuable employees within your organization, it is essential to stay ahead of the game and ensure that there are ample opportunities to develop the staff you currently have. RSI’s San Ramon Succession Management Team works to implement the most functional Succession planning and processes for your company.

The Succession Management process

Through a process known as succession management, businesses are able to develop employees at all levels while also ensuring that they have the capacity to transition employees into high-level positions as the need arises. Someday the C-level employees will inevitably opt for retirement, need to be laid off or change companies despite your best efforts to maintain competent leaders. When this happens, it is essential for change management to be as smooth as possible with an up and coming employee taking over from within the organization.

The San Ramon Succession Management Specialty Team provides services for clients in the Accounting, Advertising, Aerospace and Defense, Automotive, Banking, Biotechnology, Construction, Consumer Products, Computer Software & Hardware, Education, Energy and Utilities, Finance, Government, Human Resources, Healthcare, Insurance, IT, Industrial, Legal, Marketing, Manufacturing, Medical, Non Profit, Pharmaceutical, Sales, Technology, Telecommunications and Transportation industries.

How it works

Research has shown that having a qualified, competent and capable employee move internally to fill positions of leadership in a company will make the change smoother and less costly for the business as a whole. Outside hires are always a gamble to some degree. No matter how impressive a candidate seems on paper, there is still a chance that they simply do not live up to expectations or their style does not mesh well with the rest of the management team. The hiring process can be long, time-consuming and potentially expensive. On the other hand, an unprepared internal promotion may be just as costly or destructive for the business. This is why a solid succession management plan should be put in place long before the real dire need ever arises, and exactly how Reaction Search International, San Ramon, is here to help you.

How RSI can help

Our dedicated team of professional consultants will work with your company or HR to implement a succession management plan and process which will best fit your needs, currently and into the future. Succession management planning is a long-term partnership and process which involves many steps and flowing aspects which can seem daunting at first. Our dedicated team of professionals will be by your side every step of the way to ensure that your top-level leadership is prepared and confident in any upcoming changes. We will work together to identify potential management risks in your organization, and the best ways to intercept before disaster strikes. By identifying who is at risk of leaving the company, we can then mitigate the damage by also identifying top performers and potential successors, grooming them into the best candidate for the position. Reach out to us today to see how our team can help your organization.

Reach out to learn how we can assist your company with their Succession needs.

 

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