How to succession plan
Create a plan which outlines the skills and abilities you'll need from future leaders.
What is succession planning?
Succession planning allows you to develop the leaders you need tomorrow, today.
It’s a process of developing employees who can be future leaders and managers. In time, these “budding stars” will step into big roles once your current leaders have gone.
Through upskilling, you prepare your budding stars to slot into these positions. You can send talented employees on courses to help them learn relevant new skills.
Although, many businesses find success by pairing budding stars with the experienced figures they’re on course to replace. This can be done as a work experience block or by shadowing.
