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Compensation Trends and Forecasts for 2024
Staying ahead of compensation trends isn’t just a nice to have, it’s a strategic imperative.
7min readSuccession Planning Software
Secure a premium talent pipeline for key business positions. Create future leaders from today’s top performers, and ensure business continuity.
Flexible and scalable
We can cater to your organisation’s level of maturity and will scale with you as your organisation evolves and/or your needs change.
End-to-end HR solutions, from hire to retire
ELMO is configurable to the specific needs of your business, spanning across the entire employee lifecycle.
Local support round the clock
We have teams across multiple regions with deep local marketplace knowledge to support your needs. Help is there for you when you need it.
Your workforce at a glance
Easily filter and sort employees based on their criticality, readiness, flight risk potential and performance ratings for future succession development.
- Strategic Talent Filtering
- Succession Planning Readiness
Intuitive reports and analytics
Uncover trends and plan effectively with our comprehensive reporting tools, which have been engineered to help you make informed, data-driven decisions that remove the guesswork from driving success.
- Insightful Trend Analysis
- Data-Driven Decision Support
Employee career progression
Manage talent pools to identify the strength of your overall succession plan. With ELMO’s customisable questionnaire, you can collect important insights on your team’s career aspirations, and hold information on their career preferences that ultimately feeds into your talent pool suggestions.
- Tailored Talent Insights
- Strengthened Succession Strategies
Manage succession plans
Create and manage succession plans for any position, to be prepared for anything across your organisation.
Empower employees to take charge
Give employees the power to develop their career goals, and provide clear, actionable steps to help them achieve them.
Identify critical positions
Reduce staff turnover and business disruption by identifying flight risks early, and taking proactive steps to re-engage employees before it’s too late.
Our HR Resources
Succession Planning: Why Every Business Needs It
When a senior executive suddenly resigns, it often sparks a disruptive scramble to fill the…
6min read
People Analytics: How it Empowers CFOs
People matter more than ever, but measuring their value is tricky for the CFO. Companies…
7min read
5 Reasons to Invest in Remuneration Software
Remuneration is a fundamental element of business; it’s contractual. But Remuneration is about more than…
7min read
New research finds 49% of Australian workers believe their workplace is vulnerable to a cyberattack
Almost half of workers in Australia believe their workplace is vulnerable to a cyberattack, according…
4min read
Connecting Performance Management to Business Goals
In the intricate world of business, two departments often find themselves in silos – Human…
9min read
Performance Management Technologies and Trends 2024
Performance management has become a pivotal practice for business processes in the modern working world.
9min readWant to know more about ELMO’s Succession Planning Software?
Frequently Asked Questions
Succession planning software is designed to help an organisation plan to transition leadership positions. It provides tools to identify high-potential employees, create development plans for those employees, and track their progress over time.
This helps organisations better prepare for leadership transitions, reduce the risk of losing key talent, and improve the impact of their leadership development programs.
Succession management is important because it helps organisations ensure they have a pipeline of talented and qualified individuals who can step into leadership roles when needed. It’s a critical planning element for long-term success and viability and is also used for business continuity and risk management.
ELMO Succession Management is best suited for mid-sized to large businesses. It’s flexible enough to scale with your organisation as your needs evolve, making it ideal for teams looking to identify critical roles, and create and manage succession plans for any position.
HR planning focuses on identifying and addressing the overall workforce needs of an organisation, including recruitment, training, and development to meet current and future business goals.
Succession planning is a strategic process specifically aimed at identifying and developing internal employees to fill key leadership positions in the future, ensuring business continuity and leadership stability.
You can customise the succession planning process for your organisation’s specific needs. You will be able to select what information is being captured, who is involved in the review, and how these reviews are rated, as well as being able to bring in your own performance methodologies and ratings to support the process.
