Succession Planning

Definition: Succession Planning is the talent management process of identifying and developing employees with the potential to fill (key, leadership) positions in an organization.
SP aims at increasing the availability of experienced and capable employees that are prepared to assume certain roles when they become available.
Typical SP sub processes are:
- Identifying employees with a certain potential.
- Providing critical development experiences to high potentials.
- Engaging the leaders of the organization in the SP-process.
- Build a database for staffing decisions.

More on succession planning. More on succession: Management Development.