Enhance performance by benchmarking your bench strength

Post on 16-Nov-2014

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Executive Briefing on How to Plan for Sucess and Succession through Benchmarking Ben

Transcript of Enhance performance by benchmarking your bench strength

Have You Benchmarked Your Bench Strength?

You’ve carefully collaborated with your team to craft the vision, values, mission, goals, objectives and strategies

Your Strategic Plan Is in Place

Have You Determined What It Will Take To Get You There?Your Vision Requires an Adequate Talent Pool, Not Just for Today, but for Tomorrow!

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Have you determined the requisite talent pool to get you from where you

are now to where you want to be?

Have You Determined that

You Have the Bench Strength You Need

to Get You

There?

Achieving Your Vision and Fulfilling Your Mission Depends on Having the Right People in

Key Strategic Roles

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Do You Have Adequate Bench Strength to Get You There?

Have You Benchmarked Your Bench Strength?

Have You Benchmarked Your Bench Strength?

• We refer to our “bench strength” in terms of great, good, adequate, strong

• But those terms carry little meaning…

• The real question is, “compared to what?”

• While we benchmark business performance compared to other organizations, this approach doesn’t work for benchmarking human performance dimensions

How Can You Benchmark the How Can You Benchmark the “Job”? “Job”?

To Benchmark Human Performance Dimensions, Let the “Position Speak”

By letting the position speak, our job benchmarking process enables you to assess the role to determine the behaviors, motivators, values, personal skills, competencies and task

preferences required for superior performance

How to Create the Position Benchmark

• Identify key positions to be benchmarked • Identify key stakeholders who know the position • Key stakeholders complete the position

benchmark online (with a link we provide)• Review the benchmark and compare talent to

the benchmark • Determine the gaps and devise a strategy for

closing them

Benchmarking Your Bench Strength provides solid metrics for real performance management

The Benchmark describes the performance outputs of all current positions against which to measure your talent pool to plan targeted coaching and training

The Benchmark identifies the requirements for new hires

How Will Your Success As A Leader Be Measured?

Will Your Success Be Successfully Maintained By

Your Successor?

What Defines Le

adership

Benchmarking Your Bench Strength provides a foundation for succession planning

The Benchmark provides criteria for succession planning in all key roles

By benchmarking senior roles, senior management can develop succession plans to ensure that their success is maintained by their successor

Benchmarking for Succession Planning

Job Benchmarking Tools

Dr. Donald M. CarmontHRXL Associates

drcarmont@rogers.comwww.hrxl.com www.drcarmont.com

Dr. Donald M. CarmontHRXL Associates

drcarmont@rogers.comwww.hrxl.com www.drcarmont.com

For More For More InformationInformation

Dr. Shayne G. TracyProfessional Development Associates

drtracy@rogers.comwww.executivecoachworx.com

Succession PlanningJohn Szold

CEO, Planning For Succession Inc.www.PlanningForSuccession.com

jszold@PlanningForSuccession.com