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Succession Planning in Thrive TRM

Succession planning is more than just filling a gap; it’s about future-proofing your leadership. Thrive’s Succession Planning module allows you to map out your internal hierarchy and identify potential successors from both internal and external talent.

Written by Katie Grimes

1. Getting Started: Creating a Talent Pool

The foundation of succession planning in Thrive is the Talent Pool. Unlike a standard search, a Talent Pool is anchored to an Incumbent (the person currently in the role).

To create a new Talent Pool:

  1. Navigate to Succession Planning.

  2. Click (+) Add Talent Pool at the top right.

  3. Fill in the following key details:

    • Incumbent: The current person holding the position.

    • Talent Pool Name: Usually the Job Title (e.g., CEO, VP of Engineering).

    • Company & Job Function: Define where this role sits in your organization.

    • Talent Pool Lead: The person responsible for managing this succession plan.

2. Building the Reporting Structure

Once the Talent Pool is created, you need to establish the current reporting environment. This creates a visual representation of who currently rolls up to the incumbent.

  1. Locate the Search Panel on the left-hand side of the Succession module.

  2. Search for the Incumbent’s name and select them.

  3. Once selected, you can begin adding the individuals who currently report to that incumbent.

  4. Automatic Profile Sync: Adding a person here automatically creates a "Reports To" relationship within the Connections section of that individual's contact profile, ensuring your data is consistent across the platform.

  5. Repeat this process to build out the different levels of the reporting structure

3. Adding Potential Successors

The power of Thrive Succession Planning is the ability to track Internal and External talent in one place.

  • Internal Talent: Add existing employees who are high-potential candidates for the role.

  • External Talent: You can also add candidates from outside the organization to the pool, ensuring you have a diverse range of options if an internal move isn't the right fit.

Using Stages to Rank Readiness

Just like a search, you can move successors through Stages. These stages allow you to categorize people based on their readiness (e.g., "Ready Now," "Develop Into," or "High Potential").

4. Viewing Succession Data on Profiles

Succession data isn't just trapped in the module; it follows the person. If a contact is part of a Talent Pool, you can see this directly on their Thrive profile.

  • Navigate to a person's profile.

  • Look for the Talent Pool section.

  • Here, you can see which pools they belong to and their current readiness stage.

Note: This section is only visible to users who have a Succession Planning license.

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Configuring Your Talent Pool Stages

Every company views readiness differently. If the default stage names don't match your internal process, contact Support and we can help configure the nomenclature to align with your specific succession strategy.

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Need more help? Contact your Customer Success Manager for a live demo and to discuss licensing for the Succession Planning module.

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