What is succession planning?

Succession planning involves developing internal talent to fill future vacancies within an organization. This long-term strategy prepares team members for future roles so that if senior-level team members leave an organization, you can seamlessly transition responsibilities without disrupting business operations.

What is a succession planning template?

A succession planning template offers a structured and predictable system to help an organization prepare for key personnel changes within the company.

Why use a succession planning template?

During succession planning, it’s important to take care of the basics. This means having a firm grasp of your succession planning metrics—from bench strength to retention.