Summary

Quantitative analyses can greatly improve the effectiveness of your succession planning process by helping you to move from a “what we should do”/contingency approach to a more deterministic “what we will do” method. These analyses can be used to estimate losses and identify areas of vulnerability (and thus get a better understanding of the number of candidates that will be needed). A more comprehensive staffing model will allow you not only to calculate losses, but also to define the staffing actions needed to create and maintain candidate pools that ensure an orderly succession of talent.

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