Successsion Management | Employee Career Profiling & Internal Recruiting { CornerstoneOnDemand.com }

Cornerstone OnDemand - Integrated Talent Management.

Cornerstone / Products : Cornerstone Succession

Successsion Management | Employee Career Profiling & Internal Recruiting { CornerstoneOnDemand.com }

Cornerstone Succession™
Retain and Grow Your Best Talent Your organisation makes a significant investment in its efforts to hire the right candidate – the person who has the right experience and who fits into the organisation’s culture. By carefully managing the potential of these hires over time, your organisation will grow its leadership pipeline, which will impact the bottom line. However, without an integrated succession management solution, recognising and developing talent can be an intangible process. Cornerstone Succession provides a complete set of tools including career profiling, internal recruiting, team building, gap analysis, and talent management plans.
Cornerstone Succession helps to identify promising talent early and cut hiring costs by recruiting employees from within. Link it up with Cornerstone Learning and Cornerstone Performance to strategically attract, develop and retain valuable employees who proactively and consistently drive organisational performance - at a fraction of the cost.

Get Measurable, Immediate Benefits

Comprehensive succession plans	Optimise organisational performance at every level through multiple succession scenarios that use real-time data for every employee, not just executives
Drive succession management at all levels	Optimise performance across the board, not just at executive level
Cultivate bench strength	Protect against debilitating skill gaps in the organisation that can occur in various scenarios and develop external recruiting requirements
Track high potential	Build succession plans to develop and promote high-potential employees
Build effective internal working groups	Reduce opportunity costs associated with large project teams by navigating an employee skills database to automatically identify the most efficient teams
Take advantage of the data you already have for internal recruiting	Reduce recruiting costs and find the most qualified candidates by easily identifying candidates from within the organisation. By tracking employee qualifications, licenses, education, skills, awards, and previous roles and experience, organisations have all the information required to effectively locate qualified candidates internally
Better people management	Lower recruiting costs; improve employee retention; grow your bench strength

Key Features
Cornerstone Succession provides an organisational overview of all your talent, down to the individual employee level. Critical features include:

Succession Plans	Career Profiling
Team Builder	Internal Recruiting

Succession Plans
The Succession Management Planning (SMP) feature allows managers and employees to work in a structured manner to develop individual careers within (and with attention to) the larger organisational structure. With SMP, managers can record information about subordinates, including performance rating; potential rating; retention risk rating; and possible future positions.

	Allow management to sketch the future organisational structure
	Dynamically generate lists of qualified potential successors for any employee
	Locate successors based on competency assessment scores, education levels, professional roles, skills, and job level
	Track succession models graphically with nine-box or other custom grids

Career Profiling
Cornerstone Succession helps you manage each employee’s skill set by providing details on education attained, professional roles held, certifications achieved, skills developed and much more. This feature is fully integrated with Cornerstone Succession, making the process of creating project teams, talent management reports and succession plans a seamless one.

	Build an inventory of skills across the organisation
	Document employee career preferences
	Generate succession models, working teams, and internal recruiting scenarios

Team Builder
Cornerstone Succession allows you to build special project teams when unique skills are required, generate advanced searches based on keywords and priorities, and refine searches by specific organisational units.

	Build teams based on functional requirements
	Perform advanced searches to determine appropriate candidates
	Save searches and teams and share results

Cornerstone Succession helps reduce recruiting costs and time by proactively identifying top internal candidates. The combined power of Cornerstone Succession and Cornerstone Performance enables you to easily match open position descriptions with candidate skills, prior job roles, education, diversity, performance, potential, and retention risk, among other attributes.

	Candidate Search allows searches for internal candidates based on attributes such as their position, location, certifications, skills, experience, competencies, retention risk, and willingness to relocate.
	Candidate Tracker allows recruiting administrators to delegate recruiting responsibilities by creating candidate lists from their search results and submitting these lists for review to hiring managers.

Flexibility and Self-Configurability
Cornerstone Succession is built on open architecture, allowing you to leverage existing IT infrastructure and investments at minimal up-front cost. The system typically integrates with your existing HRIS systems within days, and deploys enterprise-wide within weeks. Because its interface is intuitive and easy-to-use, and you can configure the system to match your current processes, user adoption occurs rapidly without intensive training.

With Cornerstone Succession, every succession scenario, every project team and every potential skill gap or problem becomes an opportunity to serve your corporate strategic position to drive performance and revenue.

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