From the course: Talent Management
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Implement a succession planning process
From the course: Talent Management
Implement a succession planning process
- If the director of product development had to suddenly leave your company due to an illness who would take their place? What if your top salesperson is wooed away to another firm, who will take over their clients? Do you have great people standing by ready to fill these roles? Succession planning is a process to identify employees who are ready or will be ready to step in when and where you need them. When someone in a key position leaves the organization or you have a new role to fill succession planning ensures you can fill the role quickly with a great person. I want to share the steps you need to take to make succession planning a success. Begin by identifying the leadership positions and critical roles in your company. Of course, this includes senior and mid-level management, but who else? What other positions require unique skills and knowledge about the company? Such as engineering or product development.…
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