Do you have the workforce you need to accomplish your strategic objectives? What is your succession plan for critical positions within your organization? What would be the risk to the organization if certain executives were to leave the company, whether through retirement or unforeseen factors?

In the past, gathering the data and running the analyses to answer these questions may have taken days or weeks – and almost always required IT assistance. Not anymore.

TalentStudio solution

With TalentStudio, executives can determine potential workforce vulnerabilities, assess the strengths and weaknesses of the talent pool, and develop and manage a succession plan. As such, you can create the reports and analyses to make better, more informed talent management decisions – in minutes – that result in improved risk management, reduced talent-sourcing costs, improved employee retention, and improved morale.

TalentStudio addresses all these areas in a single, integrated approach unmatched by any other talent management suite today. Our succession planning solution empowers you to:

• Create succession plans to help you predict the future deployment of current talent and identify succession gaps
• Inventory and match current skills and competencies for optimum talent development
• Understand talent gaps and develop an action plan for developing new resources
• Facilitate the easy nomination for positions using several different profiles

And execute succession planning more effectively to reduce enterprise risk by:

• Developing talent tied to long-term growth
• Improving workforce capabilities and overall performance
• Monitoring and tracking employee efficiency levels and skill gaps more effectively
• Improving employee commitment, and therefore retention