Succession Basics
This is the process of identifying and developing new leaders.
Not preparing for sudden retirements is an example of this.
What is a planning gap?
This person initiates the succession plan.
Who is a department head or executive?
This is another name for Job Description
What is a Role Profile
Failing to include this group can lead to resentment and turnover.
What are internal staff or team members?
This team manages the process and tracks progress.
Who is HR or a succession planning committee?
This strategy aligns leadership continuity with business goals.
What is strategic succession planning?
Relying on this type of memory instead of formal documentation.
What is institutional knowledge?
This person is being prepared for a future leadership role.
Who is a successor or high-potential employee?