How many companies have automated succession planning tools?
Aberdeens research • Only 7% of companies have a fully automated and integrated succession planning process • 62% use a paper-based process • 32% have partially automated the process • 60% of Best in Class companies are using automation for succession planning compared to 28% of laggard companies. Bottom line, most organizations have succession plans, but the majority are not automated and integrated with other human capital solutions. IT needs to recommend succession planning technologies that help senior managers make data-driven decisions on worker deployment and replacement, says David Foster, Director of Aberdeens Human Capital Management Practice.
