Succession planning is the strategic process of identifying and developing high-potential employees to fill critical leadership and key roles within an organization. It ensures business continuity, mitigates risks associated with leadership transitions, and fosters a culture of growth and development. Succession planning does not have to be a difficult and time-consuming process.

In this webinar, we will discuss why succession planning is important for ensuring business continuity. It is also important for retaining employees who may not yet be at the leadership level but want an employer that helps them gain additional skills and grow their careers. Individual Development Plans are a good tool to help employees improve in their current role and prepare for future roles. 

A succession planning process that is communicated to employees ensures they know the organization is invested in them. Often, organizations conduct succession planning in secret. We will discuss what information is best to share with employees.

By developing a practical and easily administered succession planning program, you can also reduce recruiting expenses. It will promote internal mobility, which will minimize the need for expensive external hires.

This webinar benefits the following agencies:

All employers who will need to replace managers, as a result of turnover, promotional opportunities, or company growth, need to conduct succession planning.

Who should attend?

Owners of companies, managers, and HR professionals who will help in the selection and development of managers.