Steps for Successful Succession Planning
- Initiate Early and Maintain Continuity: Kick-off succession planning well in advance, ensuring it’s an ongoing practice. Circulate employee expertise to prevent hasty decisions when the time presses.
- Mirror Organizational Culture: Choose future leaders who exemplify your company’s culture. Align talent nurturing and advancement with these core values.
- Anticipate Role Openings: Spot and sequence roles that may soon open up, like impending retirements, and strategize for their eventual filling.
- Plan for the Unexpected: Succession planning turns unforeseen exits into smooth transitions. Pinpoint backup successors to step in without missing a beat.
- Validate Your Plan: Test drive your succession picks by entrusting them with leadership roles in temporary absences.
- Merge Succession with Recruitment: Weave succession planning into your hiring processes. Prepare for the gaps left by those moving up internally.
- Involve Staff Aspirations: Include staff in discussions about their professional aspirations, promoting horizontal as well as vertical growth.
- Recruit With Professional Guidance: Bring in staffing professionals to navigate and refine your approach to succession planning.
- Steps to Strategic Succession Planning
- Strategic Workforce Planning: What it is & Key Steps
- The Future of Recruiting: Predictions for the Next Decade
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