Planning for Success(ion)

Thursday 23rd March marked the first seminar to be hosted at Gravitate HR’s Glasgow office in Blythswood Square – Planning for Success(ion). Our Head of Client Services in Glasgow Neil Ferguson was joined by James Kennedy of Two Factor Solutions to discuss a range of issues surrounding Succession Planning with regard to the initial recruitment stages, discovering employee values, in addition to the benefits and perceived difficulties of succession planning.

A New Experience

We are almost seasoned professionals when it comes to organising and hosting seminars in our Edinburgh office so the maiden Gravitate Glasgow lunchtime seminar was both an exciting opportunity and an interesting challenge at the same time.

We were fortunate to be joined by a good group of delegates who each had a broad range of experiences and were able to add a valuable contribution to the points being made by James and Neil during the round-table discussion.

Thinking differently about a Succession Planning strategy

James emphasised the importance of the initial recruitment of talent into the business and being able to identify and develop individuals so that, if a management position does become available in an organisation, they have a ‘ready-made replacement’ at either a junior or operational level. Going against the grain, James highlighted that businesses should encourage a certain level of churn leading to exits from the organisation where opportunities were not available internally and evidenced the overall benefit this can bring to the company.

On the same morning, a report for the UK government suggested that workers under the age of 30 may not get a state pension until the age of 70 . It was therefore quite appropriate that Neil had chosen to highlight how essential it is to keep employees who are nearing retirement age engaged in the workplace. Neil also emphasised the importance of creating formal procedures to ensure that knowledge is passed to potential successors, and of course the increasing importance of flexible working to businesses.

It was an enthusiastic discussion about how organisations can make long-term plans for workers of all ages and one that tried to dispel some of the common myths about certain demographics of workers.

More to Come

Now that the first Gravitate Glasgow seminar has come to an end, plans for the second, third, and fourth Gravitate Glasgow seminars have already begun. You can sign up for our next seminar on Financial Wellbeing by clicking here . After our Planning for Success(ion) seminar, we have already set the bar very high!

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