7 Steps to Kickstart Your Succession Planning Process
All you need to know to build an effective succession pipeline
Why succession planning is critical to your organization
What's in it for you
You cannot retain your leaders forever.
Therefore, a timely understanding of who can match or outperform the existing top-tier executives is critical for your company’s sustained and long-term growth, perhaps intrinsic to its vision. It would ensure a healthy talent pipeline. The lack of such a process can even cause existential crises for companies, let alone its impact on investors, analysts, employees, customers and other stakeholders.
This comprehensive guide is an effort to help you get started on the succession planning process in seven simple steps. Download the ebook to find answers to critical questions such as:
What should a succession plan include?
What is needed for succession planning?
What does a succession planning template look like?
Consider this while implementing your succession plan
"Allow space for a trial run with the succession choices. Nothing is worse than a qualified candidate that is underprepared. When executing your succession plan, make time for the successor to take up the responsibilities of the departing so the team can fully absorb the change making the transition seamless.”
Roy Ferman
Founder & CEO of Seek Capital
Thousands of human resource professionals and business leaders have referred to this well-documented plan for management succession at all levels, especially when filling leadership roles, mission-critical positions or niche roles. What's stopping you?
