Show Menu

Steps for Effective Succession Planning Cheat Sheet by

Steps for Effective Succession Planning
management     planning     effective     succession


Succession planning is part of a broader talent management program. Succession planning aims to attract the best talent, retain those indivi­duals, and develop them through well-t­argeted develo­pment efforts. Succession planning helps build the bench strength of an organi­zation to ensure the long-term health, growth and stability.


1. Establish measurable goals to guide the succession planning program. Closely align the measurable goals of your succession planning program to the organi­zat­ion’s measurable strategic goals.

2. Recali­brate succession planning program goals on an annual basis. Assess changing compet­itive and organi­zat­ional conditions and priori­ties.

3. Prepare current job descri­ptions so that the work to be performed is clear.

4. Prepare competency models by level on the organi­zation chart. Use a rigorous examin­ation of objective perfor­mance requir­ements. Plan for future compet­encies that are necessary to achieve future strategic goals. Ensure all competency models are clear and measur­able.

5. Carefully define the roles to be played by each key stakeh­older group in the succession planning process. Key stakeh­olders include the board, CEO, senior execut­ives, middle managers, superv­isors, and even workers. Keep senior managers and other stakeh­olders engaged in the succession planning program by establ­ishing clear, measurable accoun­tab­ili­ties.

6. Establish talent pools by levels based on the strategic strengths of the organi­zation.

7. Take an inventory of your talent. Ensure that individual strengths and areas for improv­ement are recogn­ized. Conduct talent reviews on a continuing basis to ensure that promotable indivi­duals are being properly developed over time.

8. Evaluate the entire succession planning program on a regular (usually annual) basis. Compare processes and results against the measurable succession planning goals establ­ished at the beginning of the yearly planning cycle.

Succession Planning

Download the Steps for Effective Succession Planning Cheat Sheet

1 Page

PDF (recommended)

Alternative Downloads

Share This Cheat Sheet!



No comments yet. Add yours below!

Add a Comment

Your Comment

Please enter your name.

    Please enter your email address

      Please enter your Comment.

          Related Cheat Sheets

          Project Planning Cheat Sheet
          User and System Interfaces Cheat Sheet

          More Cheat Sheets by Davidpol

          Cincinnati Prehospital Stroke Scale Cheat Sheet
          Uses for Bees Wax Cheat Sheet