Succession Planning
The Right People in the Right Positions at the Right Time! Start Now.
Succession planning is a strategic approach to ensure that necessary talent and skills will be available when needed, and that essential knowledge and abilities will be maintained when employees in critical positions leave.
Succession planning has been identified as a critical step for businesses to address challenges to businesses today including:
An aging workforce and demographic changes
Increasing turnover rates
Fast-paced changes in work, and
The need for a ready now identified successors to fill critical roles