How does Infor HR assist in succession planning?

Infor HR plays a vital role in succession planning by focusing on identifying high-potential employees and creating development plans tailored to their growth. This process is essential for ensuring that an organization has a pipeline of qualified individuals who can step into key roles when necessary, thereby maintaining stability and continuity. By recognizing those employees who exhibit strong leadership potential or critical competencies and pairing them with structured development initiatives, organizations can cultivate future leaders and mitigate risks associated with unexpected vacancies.

This approach not only prepares employees for advancement but also reinforces the company’s commitment to talent development, which can enhance employee engagement and retention. Effective succession planning, facilitated by Infor HR, ensures that organizations are proactive in their talent management strategies, thereby fostering a more resilient workforce.

In contrast, creating job postings or managing benefits and compensation primarily addresses specific operational needs and does not directly support the broader strategy of maintaining internal talent for critical positions. Additionally, while evaluating team performance is important for overall employee development, it is a different aspect compared to the proactive identification and nurturing of future leaders within the organization.