Succession management isn’t solely for C-suite or senior executives and needs to be a proactive approach. Succession planning is crucial for organizational success, and Vaya can build internal readiness to support your needs.
Filling leadership roles at the last minute can be overwhelming—it can stall the workflow of projects while a search for new talent is underway, cause disruption for direct reports, and take a toll on your HR team. You need to satisfy multiple stakeholders, identify whether you have the right talent, and create a system that’s sustainable.
With the average CEO tenure of fewer than seven years, and employees leaving organizations to find more growth opportunities and stability, it can feel like your bench is limited or even non-existent.
Our insights into talent gaps will help you clarify your future executive development needs and create clear paths for you to meet them. It’s important to identify top talent who can drive the business forward early in their careers so you can develop and monitor them as potential successors.
You’ll gain greater organizational stability, a more diverse talent pool, increased retention and decreased turnover, and a deep understanding of your bench that will help drive strategy.
“Since we have worked together, we have strengthened our internal bench of talent, kept our highest-potential leaders engaged, and have brought in strong external talent for our most critical roles. If you are looking for a partner who will truly listen, adapt, and develop outstanding solutions, look no further than Vaya Group.”
- Head of Talent & Leadership Development, Global CPG Organization
“We partnered with Vaya Group to develop comprehensive CEO succession plans for the Board of Directors, as well as annual talent assessment and succession processes for executives across the organization. Vaya's expertise in talent assessment and succession planning was invaluable in helping us identify and develop our next generation of leaders.”
- Head of Global Diversity and Talent Management at Fortune 50 Company