Succession Planning

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glossary

It is a process for developing and identifying leaders that can replace the current leaders when they leave, die or retire. Succession planning is increasing the availability of capable and experienced employees so that they can take up these roles as and when they get vacant.

Here are a few tips on how to create an effective succession plan

  • Be proactive and establishing the system.
  • Make it multi level yet systematic.
  • Provide support at the top.
  • Develop using experience.
  • Keep the process transparent.
  • Measure the results of the program.

This planning plays a crucial role in identifying the employees who have the skills or the potential to move up in the organisation.

Read more: Employee Lifecycle

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Sukriti Saini

Sukriti Saini works as a content marketing strategist at HROne. She has done Bachelors in Journalism from Delhi University and carries several years of experience in content development. HR trends, Productivity, Performance and topics related to Employee Engagement garner most of her writing interest here. During leisure, she loves to write and talk about fashion, food & life.

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