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Succession planning is the process that businesses use to identify and develop internal people for future key successionplanningjpgadleadership positions. While most succession plans focus on senior leadership positions they should also address key positions that can impact business should they become suddenly vacant.

 

Much like a business continuity plan a succession plan prepares for future scenarios that may disrupt a business. If a key employee suddenly leaves the company, it can have a drastic impact on business operations. It is a good practice of Human Resource strategy and future planning to have a succession plan in place to prevent disruptions. Also if a company has strong “bench strength” in leadership, it can add to the overall value proposition in the eyes of customers, shareholders, and investors.


Included in this Timesaver Kit TM:

  • The Keys to a Strong Succession Plan
  • Competitive Practices of Succession Planning
  • Step-by-Step Guide to Creating a Succession Plan
  • Editable Tools to Creating a Succession Plan
  • Editable Slides to Communicate to Leadership
  • Example Succession Plan Policy

Only $47.00!



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