How does Infor Global HR assist with succession planning?

Infor Global HR plays a crucial role in succession planning by identifying potential internal candidates for key roles and facilitating their development through targeted training. This approach helps organizations build a robust internal talent pipeline, ensuring that they have qualified individuals ready to step into critical positions when they become available. By focusing on the development of current employees, Infor Global HR empowers organizations to leverage their existing workforce, which is often more cost-effective and beneficial for organizational culture compared to hiring externally.

Organizations that invest in the growth of their employees not only enhance job satisfaction and retention but also create a sense of loyalty and engagement among the workforce. Targeted training programs can be tailored to address specific skill gaps and prepare candidates for future responsibilities, making this approach a strategic advantage in succession planning.

In contrast, relying on exit interview data or outsourcing recruitment efforts does not directly contribute to internal succession planning. Also, promoting only external candidates undermines the potential of internal talent and misses the opportunity to grow and retain skilled employees who are already familiar with the organization’s goals and culture.