Strategic, future-proof succession planning connects Telefónica with success

• Published in: Human resource management international digest Vol. 22; no. 2; pp. 28 - 30
• Main Author: Brooks, Sue
• Format: Journal Article
• Language: English
• Published: Bradford Emerald Group Publishing Limited 04.03.2014
• Subjects: Employee welfare; HR & organizational behaviour; Human resource management; Human resource policy; Leadership; Success; Succession planning; Teams; Verbal communication; Workforce; United Kingdom > UK; Europe; Leadership; Engagement; Succession planning; Strategic workforce planning; Talent management
• ISSN: 0967-0734; 1758-7166
• DOI: 10.1108/HRMID-04-2014-0040

Purpose – Outlines the barriers to efficient, strategic and future-proofed succession plans, centered on a case study example of Telefónica. Design/methodology/approach – Draws on information provided by the company's UK and Europe talent manager. Findings – Describes the journey taken by Telefónica to build a succession plan that is both relevant now and adaptable to future demands, including key advice for HR specialist and resourcing teams. Practical implications – Shows that current succession plans are not working as effectively as they might. A fresh approach to the process can lead to HR developing a plan that is future proof, addresses the emerging talent market and is a true reflection of the current workforce. Social implications – Emphasizes the importance of effective talent management in a constantly evolving business world. Originality/value – Provides a useful case-study example of successful talent management and the main issues that a future-proof plan ought to consider.