Succession Planning Toolkit

Succession Planning Kit: Great resources to make succession planning easy.

Imagine if your CFO — or someone else in a mission-critical role — retired sooner than expected or suddenly left the company. Although you can’t always anticipate these events, you should be prepared for them. Enter a strong succession plan.

Having a solid succession plan can reduce the time it takes to fill key positions, cut turnover costs and give your company a competitive advantage. Not having an effective plan can expose your organisation to all kinds of risks. This is why it’s no surprise that factors such as developing and maintaining a talent pipeline, and leadership readiness concerns make the list of top concerns in executive surveys from Harvard Business Review, PWC, Deloitte and Gartner year after year.

Yet, despite these concerns, many organisations either defer implementing a program or fail to invest sufficient resources in their program to make it effective.