Competency Mapping, Assessment & Development: Formula for Future Leaders

Identifying and developing the people who have the potential to become future leaders relies on having effective assessment processes.
By Sharon Ross

Strategic planning addresses many elements, and one of the most important is succession planning. Yet many companies put succession planning on the back burner while they deal with current events because the speed of change today keeps their attention riveted on the present. At the same time, the ability to keep the leadership pipeline full is critical to long-term success.

One answer is to develop an effective assessment process that identifies current talent and new hires with leadership potential. An effective assessment requires careful consideration of the required leadership competencies (competency mapping) needed to execute corporate strategies which then lays the foundation for identifying who should be in the pipeline, the kind of leadership development needed and the performance measurem...

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