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Cracking the ‘Succession planning’ Code
Effective strategies for developing your leadership pipeline and retaining high
performers
John C. Maxwell
Thereisalmostnolimittothepotential of
an organisationthatrecruitsgoodpeople,
raisesthemupasleadersandcontinually
developsthem.
X
What is Succession
Planning?
x
Succession Planning
A proactive and systematic business technique used by
organisations to transfer leadership roles to another
person/group of employees or to groom future leaders
for significant responsibilities throughout all levels of
the organisation, is known as succession planning.
Planning for succession makes sure that organisations
keep operating efficiently and without disruptions even
if key personnel leave for better opportunities, retire,
or pass away.
It is a process wgere organisations identify those
positions considered to be the core of the organisation
and then create a strategic plan to fill those postion
with qualified and high-potential employees.
Types of Succession Planning
01 02 03
3 Types of Succession Planning
Strategic
Leadership
Development
Creating a culture of continuous
learning, accountability and
aligning talent with strategic vision
Departure-Defined
Succession Plan
Thoughtful planning and
activities to ensure
organisation sustainability
Emergency/Interim
Succession Plan
It appoints a specific acting
successor or successors by role,
defines their scope, designates their
reporting lines, and identifies back-
filled support.
Click here to read: Build to Last: Succession Planning Steps for Your Organisation
Main Objectives of
Succession Planning
Succession Planning can achieve a number of
goals that not only helps candidates succeed
in their new roles but also offer a wider range
of advantages to the business as a whole. It
includes:
Improved Retention
Business Continuity
Individual Development and Engagement
Reduced Risk
Common mistakes to avoid when planning succession
01
03
05
02
04
06
Don’t create a succession
plan for every role in the
company
Playing favouritism Not addressing
disappointment
Don’t expect immediate
results
Turning the process into
a competition
Having no objective
process for spotting
successors
6 Succession Planning Steps for Your Organisation
01
02
03
0
4
05
0
6
Identify critical
and vulnerable
positions
Assess Skills
and abilities
Create an action
plan to develop
successor(s)
Identify a
talent
pipeline
Nominate
successors from
the qualified
positions
Evaluate the
succession
plan
Here are 6 insightful and actionable succession planning steps that you can employ for any position or title.
01
01
02
03
0
4
05
0
6
In succession planning, the
first step is to choose
positions in need of
successors. Two
factors to priortise are the
positions of vulnerability and
criticality.
Identify critical
and vulnerable
positions
Assess Skills
and abilities
Create an
action plan
to develop
successor(s
)
Identify a
talent
pipeline
Nominate
successors from
the qualified
positions
Evaluate the
succession
plan
02
01
02
03
0
4
05
0
6
Assess Skills
and abilities
identify the behavioral
requirements of a
specific role to find the
perfect fit to make your
evaluation more
streamlined, objective,
efficient and effective.
Identify critical
and vulnerable
positions
Create an
action plan
to develop
successor(s)
Evaluate the
succession
plan
Identify a
talent
pipeline
Nominate
successors from
the qualified
positions
Click here to read: Effective Strategies for Developing Your Leadership Pipeline
03
01
02
03
0
4
05
0
6
This should span the whole
organisation. Besides senior
management, look across
departments, positions, and
teams for any employee who
can be a potential
successor.
Identify critical
and vulnerable
positions
Assess Skills
and abilities
Create an action
plan to develop
successor(s)
Identify a
talent
pipeline
Nominate
successors from
the qualified
positions
Evaluate the
succession
plan
04
01
02
03
0
4
05
0
6
The next step is to identify
employees in the qualified
positions who could temporarily
fill the
vacancy and potentially apply as
candidates for the position
should the need arise.
Identify critical
and vulnerable
positions
Assess Skills
and abilities
Create an
action plan
to develop
successor(s
)
Identify a
talent
pipeline
Nominate
successors from
the qualified
positions
Evaluate the
succession
plan
05
01
02
03
0
4
05
0
6
Creating a
development plan for
potential successors
facilitates the
discovery of significant
growth prospects.
Identify critical
and vulnerable
positions
Assess Skills
and abilities
Create an
action plan
to develop
successor(s
)
Identify a
talent
pipeline
Nominate
successors from
the qualified
positions
Evaluate the
succession
plan
06
01
02
03
0
4
05
0
6
By evaluating your
organisation’s succession
planning efforts each year,
you can continually
improve your succession
planning strategy and your
organization’s effectiveness.
Identify critical
and vulnerable
positions
Assess Skills
and abilities
Create an
action plan
to develop
successor(s)
Identify a
talent
pipeline
Nominate
successors from
the qualified
positions
Evaluate the
succession
plan
x
5 Business Benefits of
Succession Planning
✔ It disaster-proofs your business
✔ It helps you identify your most-promising
future leaders
✔ It creates a structure for training and
development
✔ It helps to maintain board and shareholder
trust
✔ It gives a sense of direction to the business
and enables it to plan for the long term
✔ A stronger company culture
Click here to read: 5 Key Benefits of Succession Planning (& Importance for Business Success)
Let’s help you create highly-effective succession strategies to improve your
leadership pipeline and drive superior results. With our learning and
leadership development solutions, your organisation can maintain its
operations and strategic direction during a leadership transition.
Leverage Workforce Learning solutions to evaluate your employee
competencies and eligibility status for critical positions. Our bespoke
succession strategies are adequately tailored to meet your organisation’s
goals, values and current business demands.
Need a helping hand? Workforce Group can help your organisation promote
right through our modern and effective evaluation methods. Send an email
to hello@workforcegroup.com.
Scale the advantage…
YOUR BUSINESS YOUR PEOPLE OUR FOCUS
=
Workforce Group
… We go
beyond
What we do
We help organisations solve problems around:
Staff Payroll
Management
Performance management
support
Health insurance management
Executive, Experienced and
Graduate Recruitment
Staff onboarding and
training
Staff records
management
Leave and exit
management
Background
verification
Strategy Development and
Execution
Digital Learning Function Specific
Programmes
Leadership
Development
Digital Content Creation and
Conversion
Assessment and
Development centre
Occupational testing
and Success Profiling
Independent Contractor
Management
Assessor skills training
Professional Employer
Organisation
Employer of Record
Recruitment Process
Outsourcing
Workforce by Numbers
17
Year-old
Startup
8
Businesses
120+
Consultants
20
African Countries
8000+
Outsource
d
Employees
1200-
capacity
Learning
Facility
115+
Computer-
based test
facility
250+
Clients
10+
Industries Served
36
States in
Nigeria
READY TO GET
STARTED?
Visit https://workforcegroup.com/workforce-advisory/
or
Send an email to - hello@workforcegroup.com

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Cracking the Succession Planning Code

  • 1. Cracking the ‘Succession planning’ Code Effective strategies for developing your leadership pipeline and retaining high performers
  • 2. John C. Maxwell Thereisalmostnolimittothepotential of an organisationthatrecruitsgoodpeople, raisesthemupasleadersandcontinually developsthem. X
  • 4. x Succession Planning A proactive and systematic business technique used by organisations to transfer leadership roles to another person/group of employees or to groom future leaders for significant responsibilities throughout all levels of the organisation, is known as succession planning. Planning for succession makes sure that organisations keep operating efficiently and without disruptions even if key personnel leave for better opportunities, retire, or pass away. It is a process wgere organisations identify those positions considered to be the core of the organisation and then create a strategic plan to fill those postion with qualified and high-potential employees.
  • 5. Types of Succession Planning 01 02 03 3 Types of Succession Planning Strategic Leadership Development Creating a culture of continuous learning, accountability and aligning talent with strategic vision Departure-Defined Succession Plan Thoughtful planning and activities to ensure organisation sustainability Emergency/Interim Succession Plan It appoints a specific acting successor or successors by role, defines their scope, designates their reporting lines, and identifies back- filled support. Click here to read: Build to Last: Succession Planning Steps for Your Organisation
  • 6. Main Objectives of Succession Planning Succession Planning can achieve a number of goals that not only helps candidates succeed in their new roles but also offer a wider range of advantages to the business as a whole. It includes: Improved Retention Business Continuity Individual Development and Engagement Reduced Risk
  • 7. Common mistakes to avoid when planning succession 01 03 05 02 04 06 Don’t create a succession plan for every role in the company Playing favouritism Not addressing disappointment Don’t expect immediate results Turning the process into a competition Having no objective process for spotting successors
  • 8. 6 Succession Planning Steps for Your Organisation 01 02 03 0 4 05 0 6 Identify critical and vulnerable positions Assess Skills and abilities Create an action plan to develop successor(s) Identify a talent pipeline Nominate successors from the qualified positions Evaluate the succession plan Here are 6 insightful and actionable succession planning steps that you can employ for any position or title.
  • 9. 01 01 02 03 0 4 05 0 6 In succession planning, the first step is to choose positions in need of successors. Two factors to priortise are the positions of vulnerability and criticality. Identify critical and vulnerable positions Assess Skills and abilities Create an action plan to develop successor(s ) Identify a talent pipeline Nominate successors from the qualified positions Evaluate the succession plan
  • 10. 02 01 02 03 0 4 05 0 6 Assess Skills and abilities identify the behavioral requirements of a specific role to find the perfect fit to make your evaluation more streamlined, objective, efficient and effective. Identify critical and vulnerable positions Create an action plan to develop successor(s) Evaluate the succession plan Identify a talent pipeline Nominate successors from the qualified positions Click here to read: Effective Strategies for Developing Your Leadership Pipeline
  • 11. 03 01 02 03 0 4 05 0 6 This should span the whole organisation. Besides senior management, look across departments, positions, and teams for any employee who can be a potential successor. Identify critical and vulnerable positions Assess Skills and abilities Create an action plan to develop successor(s) Identify a talent pipeline Nominate successors from the qualified positions Evaluate the succession plan
  • 12. 04 01 02 03 0 4 05 0 6 The next step is to identify employees in the qualified positions who could temporarily fill the vacancy and potentially apply as candidates for the position should the need arise. Identify critical and vulnerable positions Assess Skills and abilities Create an action plan to develop successor(s ) Identify a talent pipeline Nominate successors from the qualified positions Evaluate the succession plan
  • 13. 05 01 02 03 0 4 05 0 6 Creating a development plan for potential successors facilitates the discovery of significant growth prospects. Identify critical and vulnerable positions Assess Skills and abilities Create an action plan to develop successor(s ) Identify a talent pipeline Nominate successors from the qualified positions Evaluate the succession plan
  • 14. 06 01 02 03 0 4 05 0 6 By evaluating your organisation’s succession planning efforts each year, you can continually improve your succession planning strategy and your organization’s effectiveness. Identify critical and vulnerable positions Assess Skills and abilities Create an action plan to develop successor(s) Identify a talent pipeline Nominate successors from the qualified positions Evaluate the succession plan
  • 15. x 5 Business Benefits of Succession Planning ✔ It disaster-proofs your business ✔ It helps you identify your most-promising future leaders ✔ It creates a structure for training and development ✔ It helps to maintain board and shareholder trust ✔ It gives a sense of direction to the business and enables it to plan for the long term ✔ A stronger company culture Click here to read: 5 Key Benefits of Succession Planning (& Importance for Business Success)
  • 16. Let’s help you create highly-effective succession strategies to improve your leadership pipeline and drive superior results. With our learning and leadership development solutions, your organisation can maintain its operations and strategic direction during a leadership transition. Leverage Workforce Learning solutions to evaluate your employee competencies and eligibility status for critical positions. Our bespoke succession strategies are adequately tailored to meet your organisation’s goals, values and current business demands. Need a helping hand? Workforce Group can help your organisation promote right through our modern and effective evaluation methods. Send an email to hello@workforcegroup.com. Scale the advantage…
  • 17. YOUR BUSINESS YOUR PEOPLE OUR FOCUS = Workforce Group … We go beyond
  • 18. What we do We help organisations solve problems around: Staff Payroll Management Performance management support Health insurance management Executive, Experienced and Graduate Recruitment Staff onboarding and training Staff records management Leave and exit management Background verification Strategy Development and Execution Digital Learning Function Specific Programmes Leadership Development Digital Content Creation and Conversion Assessment and Development centre Occupational testing and Success Profiling Independent Contractor Management Assessor skills training Professional Employer Organisation Employer of Record Recruitment Process Outsourcing
  • 19. Workforce by Numbers 17 Year-old Startup 8 Businesses 120+ Consultants 20 African Countries 8000+ Outsource d Employees 1200- capacity Learning Facility 115+ Computer- based test facility 250+ Clients 10+ Industries Served 36 States in Nigeria
  • 20. READY TO GET STARTED? Visit https://workforcegroup.com/workforce-advisory/ or Send an email to - hello@workforcegroup.com