Step 7: Succession Planning
In the succession planning stage, SBI helps your company identify and develop candidates with the potential to fill key leadership positions in the future.
You need to build a team of future leaders. You never know when one of your key leaders is going to leave your organization. This open position can cripple your ability to achieve your revenue objective. As a result, you need a way to proactively identify who would backfill a critical role should there be an opening.
- Succession planning assessment
- Capacity plan
- Succession planning process
- Candidate identification
- Communication plan
- Transition plan