Succession planning is a strategy for identifying and developing future leaders at your company — not just at the top but for major roles at all levels.
All organizations can benefit from the principles of identifying crucial job skills, knowledge, social relationships, and organizational practices and passing them on to prepare the next generation of workers, thereby ensuring the seamless movement of talent within the organization.
The key to a good succession planning process is simplicity, practicality, and clarity. Here is how we do it: