Stop Gambling with Your Succession Planning Processes
SuccessFactors Q3 2015 Release
By Nicole Saunders, Senior Product Marketing Manager, SAP-SuccessFactors
If you’ve ever been to Las Vegas or stepped foot in a Casino, you’ve undoubtedly felt the rush of emotion of people gambling. As you look around, you see people gloating over their winnings, while others have not been so lucky. Although gambling can be a fun sport and provide hours of entertainment, the risks are high and more often then not, the rewards do not outweigh the risks.
When it comes to securing the future of your company, are you willing to gamble?
Getting succession right has huge benefits to a company, including reducing organizational risk by ensuring talent continuity in key roles, increasing employee engagement and retention, and cost and time savings by having a ready now supply of talent with the skills needed to fill internal positions quickly with qualified candidates, just to name a few. On the flip side, the risks of not getting succession right can greatly hurt a company, resulting in poor financial performance, loss of intellectual property as high performers and high potentials leave, disruptions to business operations due to vacancies in business critical positions, and lack of agility to respond to environmental factors.
Win every time with SAP SuccessFactors.
With four product releases a year, SAP SuccessFactors is continually delivering new features across the HCM Suite that will help you innovate and compete and the Q3 15 release is no exception! Following our commitment to simplify the SAP SuccessFactors Succession & Development solution, we’re proud to unveil a redesigned succession org chart designed to make succession planning faster and easier.
The new org chart includes a ‘smart’ layout that automatically adjusts to fit your screen, maximizing the amount of information you see, while also displaying pictures of successors on each org chart node.
Image 1: Succession Org Chart
With Suggested Successors, you can now identify successors that are a “good fit” without having to conduct a company-wide talent search. This new feature automatically, and intelligently matches employee competencies with job role competencies to recommend employees who may be natural successors for a specific role in an organization.
Image 2: Suggested Successors
Direct access to talent quick cards enables you to gain comprehensive insight into employees and conduct side-by-side comparisons to find the best successors quickly.
Image 3: Side-by-side comparison with talent cards
Perform key succession tasks with ease – such as add, edit and remove successors – these actions are now prominently displayed on the org chart and are easily accessible.
Image 4: Add, edit and remove successors
– Save time from searching and navigating the successor org chart for key positions with the ability to see recently viewed and frequently viewed users in the search box
– Expanded options and increased flexibility to highlight multiple types of critical positions as defined by the company, such as business critical, skills critical, regulatory, etc.
– Address skills and competency gaps immediately by adding development goals directly from the succession org chart
To learn more about all the great features of the Succession Org Chart and to access more detailed information about the SuccessFactors Q3 15’ release, please visit the SuccessFactors Customer Community. (Login required)