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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
 
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