Develop tomorrow's superstars today, for sustained growth.
It's not a big surprise that now, more than ever, succession planning is on the forefront of leadership initiatives. Although the need to identify successors is not a new concept, organizations today face an unprecedented skills shortage, retiring workforce, a flatter globe, faster competitors, and a whole new dimension of asset protection - the knowledge worker.
Vurv Perform helps to facilitate leadership continuity in key positions, retention and development of intellectual capital for the future, definition of leadership competencies and encouragement of individual advancement. Unlimited succession survey and readiness forms, high potential leadership reviews, 360-degree assessments and the integrated organizational hierarchy gives business leaders the tool set to get a complete perspective of today's talent and tomorrows' potential. Succession plans are prepared by analyzing the high potential scores and performance scores of employees, and determining which employees are best prepared for future leadership positions. Used with Vurv Compensate, companies can pay for potential to ensure future leaders are groomed for internal positions and not competitors.
Features include: