SUCCESSION PLANNING
IF A KEY LEADERSHIP POSITION WERE TO GO UNEXPECTEDLY VACANT TOMORROW, HOW QUICKLY COULD YOUR COMPANY FILL IT WITH A QUALIFIED INTERNAL CANDIDATE?
You don’t expect to be doing the same job for the rest of your life, and neither do your employees. From proactive identification of your next cadre of leaders to reducing the impact of unexpected turnover, succession planning ensures your continued success. A succession plan will help you anticipate and prepare for changes that will or can occur both expectedly and unexpectedly among your organization’s key employees.
With HR Consulting Solutions, together we’ll create a strategic succession plan that helps you to identify critical jobs, potential successors, and skills gaps. Every company (big or small) needs to have a succession plan in place. A solid succession plan can assist with business continuity, tap the potential for intellectual capital in the organization, and improve employee morale, among other benefits. Simply put, having a succession plan in place makes for a smoother transition when leadership change happens in your business.