A CODE is the acronym for the Acquisition, Compensation, Organization, Development and Environment of people. A CODE is an integrated system in that, if the best talent is acquired, compensated well, working in an effective organization, with a lot of training/development, but the environment is poor - the entire system fails. The Acquisition of talent is the most critical and therefore, is at the beginning of the system. A CODE is a formula and/or template with which human resource strategy can be developed.
Succession Planning Key Elements
Business Strategy - The foundation of a Succession Plan.
Successor Competencies - Identify competencies for now and in the future in alignment with business strategy.
Replacement Plan - Who is ready now, ready in the future, and an emergency replacement.
Development Plan - Methodically manage and nurture the talent pipeline.
High Potential Plan - Confidentially identify and develop high potentials. High Potentials can change quickly.
Acquisition Plan - Acquire talent at all levels where needed. Hire in alignment with business strategy.
Divesture Plan - Respectfully move aside or remove barriers in the talent pipeline.
Formula for Safety Performance
LC^3P = Formula for Safety Performance
L = Leadership (Personal leadership from employee. Supervisor and executive leadership.)
C = Compliance (Training.)
C = Communication (Two-way discussion. Shared real-time information. Relationship between employee/employee and employee/supervisor.)
C = Conditioning (Physical, mental, emotional conditioning.)
P = Prevention (Detailed human performance and root cause analysis. Where is next injury going to occur?)