SIMPLY SPEAKING...on Succession Planning
Strategic Succession planning is a systematic approach to:
1. Building a leadership pipeline/talent pool to ensure leadership continuity
2. Developing potential successors in ways that best fit their strengths
3. Identifying the best candidates for various categories of positions. Our concentrating on resources in the talent development process yields a far greater return on investment.
4. Succession planning recognises that some jobs are the lifeblood of the organization and too critical to be left vacant or filled by any but the best qualified persons. Effectively done, succession planning is critical to mission success and creates an effective process for recognizing, developing, and retaining top leadership talent.