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ManagingYourTalent&Succession Planning, LaughlinRice, Children 'hospital ofPhiladelphiaOctober21,2015 Baltimore, CHOP Clinical Laboratories Managing Your Talent & Succession Planning Loughlin Rice,
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To fill out managingyourtalentampsuccession, follow these steps:
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Start by gathering information about your employees, such as their positions, skills, and performance reviews.
03
Assess the current talent within your organization and identify any gaps or areas for improvement.
04
Develop a strategic plan for managing talent and succession planning. This should include identifying high-potential employees, creating development plans, and preparing for future leadership changes.
05
Implement the plan by providing training and development opportunities for employees, assigning mentors or coaches, and consistently tracking their progress.
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Regularly review and update the managingyourtalentampsuccession document as needed to reflect changes in the organization or employee development.
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Communicate the importance of managing talent and succession planning to managers and employees to ensure buy-in and support.
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Continuously monitor and evaluate the effectiveness of the managingyourtalentampsuccession process to make any necessary adjustments or improvements.

Who needs managingyourtalentampsuccession?

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Managingyourtalentampsuccession is beneficial for any organization that wants to strategically manage their talent and plan for future leadership succession.
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Specifically, it is useful for:
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- HR professionals and managers who are responsible for talent development and succession planning.
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- Organizations experiencing growth or undergoing organizational changes.
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- Companies with a high turnover rate that need to identify and develop future leaders to ensure continuity.
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- Businesses that want to invest in their employees' development and career growth.
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- Organizations looking to build a strong talent pipeline and reduce the risk of gaps in critical roles.
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Managing your talent and succession is the process of identifying and developing potential leaders within an organization to ensure continuity and success.
Organizations of all sizes are encouraged to implement managing your talent and succession programs, but there is no specific requirement to file.
Managing your talent and succession involves assessing current employees, identifying high-potential individuals, providing training and development opportunities, and creating a plan for leadership transitions.
The purpose of managing your talent and succession is to ensure that an organization has a pipeline of skilled leaders ready to step into key roles when needed.
Information reported on managing your talent and succession may include employee assessments, development plans, succession plans, and progress tracking.
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