Performance
What is Succession Planning?
Succession planning is the process of preparing people to take on critical roles when leaders or specialists move on.
It identifies key positions, potential successors and development actions. Regular review helps plans stay relevant as business needs and employee readiness change.
Key aspects of Succession Planning
Key areas to understand include:
- Goals, expectations and measures
- Feedback and review conversations
- Development and follow-up actions
Example of Succession Planning
A company identifies two potential successors for a regional manager role and assigns development experiences.
Why Is Succession Planning Important?
A shared understanding helps managers and employees turn performance discussions into useful action.
Creates clearer expectations
Common language makes goals, feedback and development needs easier to discuss.
Encourages continuous improvement
Regular review helps teams identify progress and next steps.
Frequently asked questions
Why is succession planning important?
It reduces disruption when key roles become vacant and supports employee development.
Is succession planning only for executives?
No. It can be used for any role that is important or difficult to replace.