Overview

Succession planning is the strategic process of identifying and developing high-potential employees to fill critical leadership and other 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 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 their employees. 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.

Why you should Attend

This webinar will help you to understand how to build your bench so this turnover does not negatively impact your organization.

Areas Covered in the Session

• Identifying key positions
• Identifying high potential employees
• Creating individual development plans
• Review of a simple succession planning process
  

Who Will Benefit

• Human Resources and Managers who are involved in Succession Planning