Lumesse Invited to Present at Graval Workshop to Share Best Practice in Succession Planning and Developing New Generation of Future Leaders

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 10, 2012 -- 11 January 2011, Hong Kong – Lumesse, the global Total Talent Management Solutions provider was invited to speak at Graval Workshop at Cliftons Central, Hong Kong on 1 December 2011. Graval, a leading HR management consulting company in the industry, serves organizations across Hong Kong and Asia Pacific region, including Bank of China, China Merchant Bank, CSL, Gfive Mobile and more. In addition, Graval has been an important business partner of Lumesse since 2009.

Francis Chan, Country Manger Hong Kong represented Lumesse to speak at the workshop. In his presentation, he raised the risks of not undertaking succession management that organizations may face, while he also showed the link between succession planning, performance, learning and other areas of talent management. In the meantime, Francis shared business case studies and best practices of succession management utilizing manager and employee self-service platform with the audience. For example, companies may utilize the platform to conduct competency gap analysis, review skills inventory, and analyse performance and potential of candidates. As a best practice, companies were recommended to understand and define workforce potential according to their business needs and core values, develop their talent pools and recruit from within (searching the existing talent pools for internal candidates to fill openings), which would greatly minimize retention risks and facilitate companies to identify top talent and develop the next generation of leaders.

Manfred Lau, Business Director, Graval, said, “Succession planning is a forward looking HR and business activity that foresees future leadership roles and requirements for an organization. Few companies today have the capability to structure, design and execute a succession plan that delivers the right candidate to the position.” He added: “It is my pleasure to invite Francis to speak at our workshop. Francis has shared some very good tips on succession planning and new HR ideas and the latest trends with us. We hope that local HR practitioners would gain some new insights from Francis’ inspiring presentation, while gaining momentum to carry out effective succession management practices in their organizations.”

Francis remarked, “To respond to rapid organizational and market changes, succession management is key to a company’s growth and survival. An effective succession management strategy improves leadership, ensures organizational continuity and reduces talent shortage,” he continued, “with the unenthusiastic market outlook, companies should start rethinking their talent strategy for 2012 in order to minimize recruitment costs and improve employee retention rate. It brooks no delay to start succession planning today!”

About Graval

Graval is a leading HR management consulting company serving Hong Kong, China and the Asia Pacific region, with a client base covering various industries from banking and finance, professional services, retail and manufacturing, university and education, including Jebsen Co., Bank of China, China Merchant Bank, Manulife, Hang Seng Bank, Ceva Logistics, CSL, Gfive Mobile, NDS, HK Broadband and etc.

Graval provides customizable Corporate Empowerment Solutions (CES) that drive up people performance across all levels of an organization. Graval professional team members are passionate about creating an outstanding and innovative service to customers. The professional team assists companies in developing real-world and up-to-date processes from people strategy and talent management that empower people to win. The team combines a global perspective with keen local insights, adopts a holistic and collaborative approach, gets to the heart of its clients’ businesses, with tailored individual solutions to fit for each unique business model and its people.

About Lumesse – www.lumesse.com

Lumesse is the only global company making talent management solutions work locally. We help customers around the world to implement successful local talent management initiatives that identify, nurture, educate and develop the right people, in the right place, at the right time. Our multi-cultural background and presence means we understand how to deliver talent solutions that work the way our customers work, as individuals and as teams, because no two people, organisations or cultures are the same. We regard differences as strengths, not as obstacles.

1,900 customers work with us in over 70 countries because they recognise that commitment, innovation and value only come from people. We help customers to unlock and inspire that human potential in their businesses. Our integrated talent management solutions are comprehensive, intuitive, secure and fully internationalised into over 50 languages.

francis chan     graval     leadership     lumesse     succession management strategy     succession plan     succession planning     talent management