Succession Planning Process

While many often procrastinate on this subject, it is wise to start succession planning now — versus waiting until imminent need.  It’s important to formalize the process, develop a plan for replacing key positions in your organization, and enact steps to have talent proactively prepared.

A great place for an organization to start this process is by asking a series of readiness questions.

• Do you have a back-up plan if you lose a key employee?
• Is there a plan in place to develop the critical competencies in your future talent?
• Do you have an issue with turnover?
• Are you aware of how many of your high-potential employees are currently seeking other employment?
• Most importantly, do you have the right individuals “in the wings” to achieve the organizations’ vision?

At Mark Fryer and Associates, our goal is to align the organization’s strategic needs with the highest caliber of candidates.  We guide the entire process — from systematically identifying the talent within your organization, to creating the plan to proper cultivate that talent.  Click here to inquire now.