Talent risk is identified as one of the greatest threats to organisations. Our team of experienced psychologists helps organisations to identify high potential and high performers in the organisation and ensure that proper development plans and career paths are in place in order to retain key employees. This is a crucial element of successful succession planning and leadership development. Talent and Performance Reviews and People Analytics help in being proactive at identifying who in an organisation might be at risk of leaving, and why (and how to enhance Talent Retention).
Having proper succession planning allows for a more objective and comprehensive discussion surrounding the future leaders and key employees in the organisation. Having a formalised and ongoing succession planning strategy increases the likelihood that the organisation will be able to fill key roles from within the organisation itself. Appointing existing talent to key roles also ensures that the appointee will be a cultural fit for the organisation, something which cannot be guaranteed with external recruits, while also incentivising staff to perform to the best of their ability.