Best Practices in Talent Management: How the World's Leading Corporations Manage, Develop, and Retain Top Talent

EVALUATION AND LESSONS LEARNED

Evaluation

Metrics to measure the effectiveness of leadership development at Southern Company are evolving. The strength of the leadership bench is evaluated using the following measures that come out of the succession planning process.

• Percent of key roles with at least two ready now successors;

• Average number of successors per key role;

• Demographics of successor pool;

• Percent of key jobs filled from succession list;

• Number of cross-company and cross-functional executive moves; and

• Projections of leader attrition.

Recently, Southern Company began entering information on high-potential individuals into PeopleSoft. At the completion of the current round of succession planning, the following additional ...