Succession Planning

The Importance of Succession Planning

Identifying a successor to a C-Suite position is not a decision reached lightly; it requires much thought and consideration. Promotions are made, not as a “right” earned by the passage of time and years served, but instead are reserved for those who have demonstrated an ability to drive the firm forward.

Succession Planning With Psychological Associates

Our solution is designed to provide our clients with a more empirical, equitable, and predictable process. Using our six-step method, we will:

  • Get to know your organization and what makes it successful
  • Develop a solution tailored to your company, industry, and culture
  • Leverage our assessment tools to gauge your organization’s bench strength
  • Provide our findings and feedback to senior leadership
  • Implement an executive development process
  • Capture and measure results

Download Succession Planning Infographic

Benefits and Outcomes

Develops greater confidence in decisions made regarding the most critical roles in an organization
Places the right people in the right roles, while creating a culture of trust and engagement
Avoids the costs associated with poor placement and turnover

“Psychological Associates is our “go to company” when we vet employee candidates, implement employee engagement surveys and conduct individual employee coaching sessions.  They greatly increase our ability to recruit and manage our most costly and also greatest asset … our employees.  We would find it hard to operate as effectively and confidently without Psychological Associate’s valued support and direction.”

- Bob Franceshelli, Chief Executive Officer, Pritikin
“With Psychological Associates, we receive a complete solution. It’s a thorough assessment combined with feedback, action planning and coaching. We’re also enhancing our skill building efforts through the courses that Psychological Associates developed.”
- Bill Pitchford, Senior Vice President of Human Resources, Wabash National Corporation

“The quality of Psychological Associates reports…in general, they have quite good insights into the people taking the tests. Another one is that, by virtue of having worked with us for years, they know us fairly well. As a result, they are able to do some successful matching between candidates and the company.”

- Peter Allen, Managing Director, Agoda

“We actually sought Psychological Associates out when we recognized that we had a need for higher level resources in our leadership development program… They came back with a very clear and concise approach to helping us with our leadership development program.”

- Jim Castellano, Chairman, RubinBrown