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Why succession planning and knowledge sharing are crucial to organisational success

Cezanne

Why succession planning and knowledge sharing are crucial to organisational success in summary: Good succession planning ensures business continuity by preparing internal candidates for leadership roles. It also helps in supporting continuous employee development, and strengthening team collaboration.

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What is Hire-to-Retire (HTR)?

HR Lineup

Learning and development initiatives typically include: Professional Development Programs: Offering courses, workshops, and certifications that help employees enhance their skills. Career Development: Helping employees identify career paths within the organization and providing them with resources to achieve their career goals.

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3 strategies to protect your employee learning budget for 2025

HRExecutive

Among these activities, organizations tend to spend the most for development and training ($313 at the median) and the least for onboarding ($136 at the median). These figures include spending on learning management systems or other forms of technology that enable employee learning.

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13 HR Technology Trends To Watch in 2025

AIHR

Integrated learning tools : EXPs offer on-demand training, certifications, and career development resources tailored to individual goals. These agents use machine learning (ML) and natural language processing (NLP) to handle tasks efficiently and accurately.

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The Ultimate Succession Planning Toolkit for HR Leaders [Free Templates]

AIHR

A succession planning toolkit gives HR leaders the structure, clarity, and confidence to navigate leadership transitions without disrupting business momentum. A Harvard Business Review study revealing that poorly managed CEO and C-suite transitions cost S&P 1500 companies nearly US$1 trillion in lost market value annually.

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Career & succession pipelines: your 8 steps to success

Cezanne

If so, start identifying the key roles which would benefit from a defined succession plan. These roles might include executive positions, specialised technical roles, or roles central to operational success. On-the-job training : Implement learning directly tied to day-to-day activities.

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Talent Management Strategies To Retain Top Performers

Hppy

Integrate Learning For Continuous Development & Sustained Employee Retention 94% of employees will stay at your company longer if you invest in their career development. Consider setting up a learning management system (LMS) to organize and distribute these materials effectively.