Succession Planning Julien Carter

Embed Size (px)

Citation preview

  • 8/4/2019 Succession Planning Julien Carter

    1/21

    Succession Planning

    By

    Julien C. Carter

    Associate Vice President for Human Resources

    University of Texas at Austin

  • 8/4/2019 Succession Planning Julien Carter

    2/21

    Vacancies

    How do you fill a vacant job?

  • 8/4/2019 Succession Planning Julien Carter

    3/21

    Succession Planning

    vs.

    Replacement PlanningSuccession planning is different fromreplacement planning because it focuses on

    forecasting organizational needs. It is not basedupon reactions to an unforeseen event. It isbased upon proactively securing the humanresources needed to ensure the continuity and

    prosperity of the organization. Talent isobserved and cultivated from within theorganization.

    Succession Planning and Leadership Development: Critical Business Strategies for Healthcare Organizations :

    http://ahra.com/ConfEd/Education/2007JanuaryFebruary1/2007JanuaryFebruary1.pdf

    http://ahra.com/ConfEd/Education/2007JanuaryFebruary1/2007JanuaryFebruary1.pdfhttp://ahra.com/ConfEd/Education/2007JanuaryFebruary1/2007JanuaryFebruary1.pdf
  • 8/4/2019 Succession Planning Julien Carter

    4/21

    Succession Planning

    Ensures the organization has people in key

    positions with the ability to develop and

    execute institutional strategies or priorities

    It involves:

    Accelerating the development of high potential

    people

    Recruiting and retaining people with the

    potential to move into key positions

  • 8/4/2019 Succession Planning Julien Carter

    5/21

    A HIGH-POTENTIAL

    EMPLOYEESomeone with the ability,

    engagement, and aspiration to riseto and succeed in a more senior,

    more critical role.

    Corporate Leadership Council

  • 8/4/2019 Succession Planning Julien Carter

    6/21

    Model of Employee Potential

  • 8/4/2019 Succession Planning Julien Carter

    7/21

    Ability(or Learning Agility)

    The ability component of potential highlights the

    core set of talents and skills that an employee will

    need to excel in a more senior, more critical job.

    This includes the capacity to: Process complex ideas

    Think logically

    Perceive and understand others emotions Learn new skills (e.g., an employees technical,

    functional, or interpersonal skills)

  • 8/4/2019 Succession Planning Julien Carter

    8/21

    Performance

    Current performance should not be used as thesole criterion in succession planning.

    Current performance and future potential are only

    somewhat related.

    Long-term performance must be considered inevaluating candidates for succession planning.

  • 8/4/2019 Succession Planning Julien Carter

    9/21

    Engagement

    Employee engagement is the extent to whichemployees commit to something or someone intheir organization, how hard employees work,

    and how long they stay as a result of thatcommitment.

  • 8/4/2019 Succession Planning Julien Carter

    10/21

    Aspiration

    Motivationwhether the employee wants ordesires the set of responsibilities, challenges, andrewards that succeeding in a more senior, more

    critical role entails.

  • 8/4/2019 Succession Planning Julien Carter

    11/21

    Engaged Dreamer

  • 8/4/2019 Succession Planning Julien Carter

    12/21

    Unengaged Stars

  • 8/4/2019 Succession Planning Julien Carter

    13/21

    Misaligned Stars

  • 8/4/2019 Succession Planning Julien Carter

    14/21

    Relative Importance of Potential

    Indexed to Junior Employees

  • 8/4/2019 Succession Planning Julien Carter

    15/21

    Performance Potential Matrix

    Lowest

    1/3

    Middle

    1/3

    Highest

    1/3Highest

    1/34

    Deep Pro

    7Utility Pro

    9Consistent Star

    Middle1/3 2Future Pro 5Utility Player 8Future Star

    Lowest1/3

    1Take Action

    3Future Utility

    6Rough

    Diamond

  • 8/4/2019 Succession Planning Julien Carter

    16/21

    Performance Potential Matrix

    LowestKevinMaryMike

    MiddleJohnLenaSam

    HighestSusanHenryJulie

    HighestJohnSusanMike

    4 7 9

    MiddleHenryLenaJulie

    2 5 8

    LowestSam

    KevinMary

    1 3 6

  • 8/4/2019 Succession Planning Julien Carter

    17/21

    Performance Potential Matrix

    LowestKevinMaryMike

    MiddleJohnLenaSam

    HighestSusanHenryJulie

    HighestJohnSusanMike

    4Mike

    7John

    9Susan

    MiddleHenryLenaJulie

    2 5Lena

    8JulieHenry

    LowestSam

    KevinMary

    1

    Kevin

    3

    Sam

    6

  • 8/4/2019 Succession Planning Julien Carter

    18/21

    Performance Potential Matrix

    4 7 9

    2 5 8

    1 3 6

  • 8/4/2019 Succession Planning Julien Carter

    19/21

    Succession Planning. . .Performance Potential Matrix

    LowestKevinMaryMike

    MiddleJohnLenaSam

    HighestSusanHenryJulie

    HighestJohnSusanMike

    4Mike

    7John

    9Susan

    MiddleHenryLenaJulie

    2 5Lena

    8JulieHenry

    LowestSam

    KevinMary

    1

    Kevin

    3

    Sam

    6

  • 8/4/2019 Succession Planning Julien Carter

    20/21

    Model of Employee Potential

  • 8/4/2019 Succession Planning Julien Carter

    21/21

    Career Flow Research

    INDIVIDUALCONTRIBUTOR

    MANAGER

    EXECUTIVE

    DEVELOP

    EARLY

    DEVELOPEARLY

    FLAME OUTFACTOR

    FLAME OUTFACTOR

    FLAME OUTFACTOR

    PERFORMANCE1. Action Oriented14. Creativity

    MOST LIKELYWEAKNESSES36. MotivatingOthers45. PersonalLearning

    PERFORMANCE

    1. Action Oriented8. Comfort AroundHigher Mgt.9. Command Skills

    MOST LIKELY

    WEAKNESSES2. Dealing withAmbiguity9. Command Skills12. ConflictManagement

    PERFORMANCE2. Dealing withAmbiguity5. BusinessAcumen8. Comfort AroundHigher Mgt.

    MOST LIKELYWEAKNESSES2. Dealing withAmbiguity14. Creativity28. InnovationManagement

    Further Promotion1. Action Oriented43. Perseverance

    Further Promotion1. Action Oriented4. Boss Relationships

    Further Promotion4. Boss Relationships8. ComfortAround HigherManagement

    9. Command Skills12. Conflict Mgt.

    2. Dealing withAmbiguity14. Creativity

    118. PerformanceProblems

    102. PoorAdministrator105. Betrayal ofTrust

    101. Unable toAdapt toDifferences102. PoorAdministrator