Ignoring succession planning as the fundamental ingredient of a successful business can lead to rapid downfall. Without a plan for who will lead next, companies risk stalling growth, losing talent, and allowing their culture to drift.
Therefore, having the right people ready to step up is survival, not optional.
Few understand this better than Irial O’Farrell, founder of Evolution Consulting and RODi HR. She has over 25 years of experience helping leaders design high-performing teams. Irial solves one persistent challenge through her work: how to prepare organizations for the future by growing talent from within.
RODi HR is her answer. It’s a talent development, performance management, and succession planning solution that helps companies build the leaders they need, not scramble to hire them when it’s too late.
What Succession Planning Really Means and Why It’s Urgent
Succession planning is about future-proofing your business. It’s the process of identifying, developing, and preparing individuals within the company to step into roles as they become available. This makes sure every leadership level, from team leads to department heads, is ready to move forward without disruption.
This is important because:
- Continuity of leadership: Sudden departures won’t affect operations if future leaders are already prepared.
- Retention of top talent: Ambitious employees stay longer when they see a clear path ahead.
- Cultural consistency: Internal promotions protect the culture that the leaders have worked hard to build.
- Lower hiring costs: Promoting from within avoids inflated salaries and costly recruitment failures.
- Better performance outcomes: People developed inside your system understand your goals from day one.
The alternative (relying on external hires) is riskier and more expensive. Research shows that 30% of external hires leave within a year, often causing setbacks and cultural clashes. External recruitment also increases salary costs by 18% and brings hidden costs up to 200% of the role’s salary.
This is why Irial promotes what she calls the “BUILD” strategy over the “Buy” strategy. Instead of endlessly searching the job market for talent, she helps companies create it from within. Succession planning is the foundation of this approach.
RODi HR: Redefining Talent Development and Succession Planning
RODi HR, launched in 2024, was built to solve a problem most companies face: performance management tools that don’t work. Only 2% of Fortune 500 CHROs say they’re happy with their talent processes, and just 20% of employees feel performance reviews are transparent or useful. Irial’s solution solves these issues.
RODi HR’s software is a framework for building talent, aligning performance expectations, and planning succession. All this is done within the context of business goals. Its main focus is to define what “good” looks like in every role and use that clarity to drive development.
This is how it works:
- Clear performance benchmarks: Managers and employees know exactly what success looks like in each role.
- Ongoing conversations: Regular progress check-ins replace once-a-year reviews.
- Data-driven insights: Multiple performance data points guide promotion and succession decisions.
- Alignment with business goals: Every talent decision supports the company’s broader objectives.
- Performance profiles: A complete view of each employee’s strengths and gaps, beyond outdated 1–5 ratings.
How RODi HR Sets Companies Up for Long-Term Success
RODi HR’s strength lies in its implementation and customization to each organization. Irial and her team work closely with clients to build performance benchmarks, align culture, and create a structured path for talent development.
Workshops are held to define benchmarks. Leaders collaborate to articulate what “good” performance means for each role. Clear step-ups between roles are also established, and the company’s culture is embedded into these performance standards.
RODi HR also connects with HRIS systems for smooth updates on new hires, promotions, and long-term leave breaks.
Conclusion
Succession planning is not just preparing for retirements or resignations. It’s about building a business that can succeed even after today’s leaders have moved on. Irial O’Farrell’s approach through RODi HR shows that when companies stop guessing what “good” looks like and start defining it, they stop gambling on external hires and start growing their future from within.
As Irial puts it: “Your company has a unique culture that your talent, performance, and succession processes need to actively leverage. Investing time & effort to articulate your culture and performance standards will deliver huge rewards.”
The time to plan is now. Succession doesn’t happen by accident; it happens by design. And with RODi HR, that design is finally within reach.