Practices and Process
- Best Practices in Succession Planning:
- Congruent with strategic plan
- Plans for the entire organization
- Incorporates both short term and long term succession planning goals
- Transparent Process with Confidential Details
- Built on measurable performance
- Succession Planning activities overseen by a Management Committee
- Views employees holistically
- Tailored to organizational needs
- Supports and is supported by other services
- Succession planning does not replace other services/practices
- Succession planning operates collaboratively with all stakeholders
- Succession Planning Process
1. Conduct a risk analysis
2. Nomination and Identification of
high potential employees
3. Employee Development
4. Continuous Monitoring of process
by Succession Planning Management Committee