Succession planning is a tool used by organizations to identify and develop new leaders within a company to replace old leaders when they leave, retire, or are promoted. It is the means of preserving a company's future and its associated stakeholders. Managers, Senior Management, HR professionals and Talent Acquisition teams use this tool to map out career paths, identifying skills gaps, and prepare employees for future roles to ensure a smooth transition and continuity in key positions. It includes features like talent pools, development plans, and analytics to assess and track the readiness of potential successors.
Gartner defines voice of the employee (VoE) solutions as those that collect and analyze employee opinions, perceptions and feelings. They use surveys, feedback tools and other data sources to gather worker sentiment and infer preferences, opinions, and well-being. They deliver insights with actionable guidance to help improve employee engagement, experience, productivity and performance. These solutions are delivered via cloud-based technologies, often augmented by managed services.