What is Succession Management Software?
While it’s always important to focus on “the now” in business and in life, it’s also imperative to keep a watchful eye on, and prepare for, the future. For organizations, that means creating and honing an appropriate and effective strategy for succession management. It means not only thinking about current top performers, but also identifying employees with high potential, in order to prime the right talent capable of leading the company to future success.
Depending on certain factors, such as the size of their workforce, many companies adopt succession management software to assist in crafting and executing strategic, long-term succession plans. This technology can help managers keep track of, analyze, and evaluate the performance of hundreds, sometimes even thousands, of employees within the organization. And with integrated innovations such as predictive analytics, succession management software can point directors toward high-performing individuals who may have slipped through the organizational cracks but who have the best chances of succeeding as company leaders months or years down the road.
Ultimate Software’s UltiPro® human capital management solution offers a range of features and tools for facilitating succession management. Through an easy-to-use and readily accessible talent dashboard, UltiPro gives managers a complete view of their workforce as a whole, as well as provides insight into individual performance though talent cards.
Advanced analytics such as the UltiPro High-Performer Indicator™ and UltiPro High-Performer Predictor™ draws from Big Data to identify employees best suited for leadership positions, so managers can proactively begin developing succession plans that not only help drive the overall growth of the company, but also the professionals themselves.
Learn more about UltiPro succession management software today, and take the first, meaningful step toward a productive and rewarding future—for your organization and your people.
The Big Picture: A Comprehensive Approach to Talent Management
From performance management to succession management—and everywhere in between—learn how to develop a comprehensive plan for effective talent management.
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Making Your Managers Career Agents
Join Kris Dunn, founder of the HR Capitalist and Fistful of Talent blogs, for an in-depth look at how to prime your top-performing managers for roles as career agents, leaders who unlock employees’ full potential.
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UltiPro Succession Management Product Tour
In this brief, video tour, discover how the UltiPro succession management solution can help you create an engaging plan for promoting your employees’ professional growth and career advancement.
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