Best Practices in Career Path Advancement

Study Overview & Key Topics

To keep pace with the competition, executives seek ways for career advancement. Managers identify education and training needs to meet the career goals of the associates and the needs of the business. This study enumerates best practices of leading organizations who have been successful in designing unique programs for Career Path Advancement. Specifically, the study covers the following areas:

• Designing career path definition and succession planning to meet specific corporate needs
• Career path definition and succession planning management
• Identifying candidates for succession planning

• Maintain commitment to succession plans by embedding the process in corporate strategy.
• Determine candidates for succession planning by individual as well as position to retain top talent.
• Appoint a specific department to assume the responsibility of the process to ensure alignment and organization of ideas.
• Concentrate resources on high potential employees to ensure that corporate succession goals are met.
• Rigorously screen applicants to identify appropriate candidates for succession planning programs.

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