20.06.2014 Views

Untitled - Saigontre

Untitled - Saigontre

Untitled - Saigontre

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Making the Case for Major Change<br />

105<br />

needs of successors who had been nurtured during a period of regulation. It<br />

also prompts developmental activities to increase the market-oriented skills of<br />

future leaders.<br />

Use the worksheet appearing in Exhibit 5-5 to focus attention on ways to<br />

hitchhike on crises and to seize opportunities.<br />

Showing the Bottom-Line Value<br />

A third way to demonstrate the need for a systematic SP&M program might be<br />

called showing the bottom-line value. However, making that case for SP&M<br />

can be tough to do. As Jac Fitz-enz writes:<br />

One of the difficulties in trying to measure the<br />

work of planners is that their output is primarily<br />

a plan of the future. By definition, we will<br />

not know for 1, 3 or perhaps 5 years how accurate<br />

their predictions were. In addition no<br />

one is capable of predicting future events,<br />

and therefore it is not fair to blame the planner<br />

for unforeseeable events. It is impossible<br />

to measure the value of a long-term plan in the<br />

short term. Planners thus often feel frustrated<br />

because they cannot prove their worth with<br />

concrete evidence. 1<br />

Those involved in succession planning and management may feel that they<br />

face exactly the same frustrations to which Fitz-enz alludes. However, he has<br />

suggested ways to measure each of the following:<br />

▲ Workload (How many positions need to be filled?)<br />

▲ Speed of Filling Positions (How long does it take to fill positions?)<br />

▲ Results (How many positions were filled over a given time span?)<br />

Succession planning and management may thus be measured by the number<br />

of key positions to be filled, the length of time required to fill them, and<br />

the number of key positions filled over a given time span. Of course, these<br />

measures are not directly tied to such bottom-line results for an organization<br />

as return on equity, return on investment, or cost-benefit analysis. But they are<br />

good places to start.<br />

As Fitz-enz rightly points out, the central questions to consider when quantifying<br />

program results are these 2 :

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!