| "What's
your next move?"
When experiencing growth, a merger, an acquisition, succession
is inevitable. There will be times when the organization
will need to implement a process or plan to grow the team
within the organization. A comprehensive succession plan
is the necessary tool to keep the process as smooth and
seamless as possible.
Succession Plans are not only for times of change, creating
and mapping career paths is a necessary tool when addressing
promotions, staffing alignment, reorganization or just to
communicate to the team what the potential is within the
organization. Career ladders are
the most effective tool for this purpose. See our samples
in Career Ladders.
Another tool for mapping succession is a Mobility
or Career Path. This tool is used for lateral movement
within the organization. See our sample of a Career
Path matrix.
Succession Plan: A comprehensive strategic plan that provides
a complete, clear, and measurable vision of your organization’s
future, and practical plan growing forward.
A strategic plan can help you:
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- Identify internal strengths and weaknesses
- Identify external threats to your organization
- Chart a positive course of business strategies
- Assign decision-making levels appropriately
- Increase employee satisfaction and teamwork
- Long-term strategic management processes
- Systematic plan for continued improvement
- Strategically plan for problem solving
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There are several solutions to create a succession plan to
grow with the organization. Thanks for visiting from the
team at HR Wave |