What is Succession Planning?

Uses

Glossary

Succession planning is a strategic process of preparing employees for leadership roles to ensure continuous business operations. It is a responsibility of the HR department and includes targeted training to help employees fulfill the duties of the higher role after promotion or due to structural changes.

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Key Steps of Succession Planning

To effectively manage succession planning, the HR department has to outline the step-by-step process that includes:

Identifying positions that are opened for a new talent or will be opened.
Conducting a thorough review of the employees who seem to be the best fit for the position.
Minimize skill gaps with leadership training.
Outline a pipeline for several potential employees who can take on a leadership role.

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What is Succession Planning?

Key Steps of Succession Planning

Succession Planning Tools in Bitrix24

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