While succession planning is common in many companies, they often misapply or misunderstand the concept, leading to organizational challenges. Further, a lack of succession planning can destroy the essence of an organization. In this issue of TD at Work, Annette Cremo and Tom Bux explain:
- What a succession plan is, along with its benefits and challenges
- What succession planning looks like in practice
- What competencies, behaviors, and skills companies should grow
- Various ways employers can offer development opportunities
The Tools & Resources in this issue are a set of Mentoring Intake Process Forms, a Stretch Assignment Tasks and Responsibilities Template, and a Mentor-Mentee Agreement.
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