Buy vs. Make: the Right Succession Strategy?

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Unfilled and unplanned vacancies cost companies about 50 percent more in lost revenue than the salary for the vacated job itself, according to a 2013 Mercer study.
And when a key talent at any level of the organization leaves and the position isn't filled quickly, morale drops, productivity suffers and turnover increases. Building leadership pipeline thus ensures business continuity and preparing for an uncertain future.

However, succession planning is not just about filling leadership positions but also planning for high potential identification and development from early on, to ensure organization is future ready.

For organizations to excel in today's competitive global market, succession management is imperative. In fact, organizations that successfully cultivate their next generation of talent, and engage and retain current employees can create a distinct business advantage.

In this webinar

  • Understand different facets of building leadership pipeline
  • Recognize the importance of building a business case for succession planning
  • Explore best practices for succession management and development

Date
Date: Thursday
20th December, 2018

Time
Time
3.00 PM - 4.00 PM IST




Speakers Profile:

RajeshLele.gifRajesh Sharda | Country HR Head & HRBL SC at Glaxo Smithkline Consumer HealthCare Ltd
Experienced General Manager Human Resources with a demonstrated history of working in the medical device industry. Skilled in Negotiation, HR Consulting, Deferred Compensation, Compensation, and Technical Recruiting. Strong human resources professional with a Master of Business Administration (M.B.A.) focused in HR & IR(GOLD Medallist) from Guru Nanak Dev University.

RajeshLele.gifPrutha Harshajith| Director and Head Corporate HR, Engagement, Diversity and Inclusion|Cipla
Prutha is an HR professional with over a decade of work experience across various HR functions. She currently manages corporate HR, Diversity and Inclusion at Cipla and managed Leadership Academy for the organization earlier. Prior to Cipla she was at ABG for 5 years and, dabbled across Sales, Business Transformation and OD at ABG. She loves travelling and strongly believes in journey being as important as the destination. An avid reader, movie buff and mother of a 12 year old, she enjoys working with children, penning poems and teaching in her free time. 

NithyanandiniSubburaj.gif Nithyanandini Subburaj | Sr. HR Value Advisor, SAP SuccessFactors
Nithyanandini is a Senior HR Value Advisor at SAP enabling customers in their Digital HR Transformation journey. With 13+ years of HR experience in Organizational Transformation & Human Capital Management Consulting, she has extensive experience working in different growth markets such as India, Malaysia, Brunei and the Middle East with customers ranging from greenfield to large conglomerates across industries. Prior to SAP, she has worked with firms such as IBM, Randstad, Willis Towers Watson and Protiviti Consulting.

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