Succession Planning: Key Steps to Pave the Way in Knowledge Transfer, Continuity, and Talent Development
A successful succession plan helps to not only pave the way for new, and upcoming leaders, but also ensures that the resident expert(s) offer a holistic share-out of their job knowledge well before their departure, thus ensuring minimal impact on operations. Although most succession plans focus on key leaders; a successful plan incorporates jobs at all levels and addresses several key steps to ensure success. Succession planning is a value-add for large and small organizations. This session will walk through why we plan, when we plan, and potential pitfalls if we fail to plan.
Key Takeaways:
- Understanding why we plan, when we plan, and what happens if we don’t plan for succession
- Strategies and Tips for Success
- How to overcome roadblocks
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