Monday, July 1, 2019

By Betty Ward


The plan for succession for the company is something you need to come up with and share with your employees. There is an advantage for all the members of staff if the company has an effective succession plan. That is a process where you identify and develop the future leaders of the company in the various levels. Succession Planning ensures that the business is prepared for any changes that come about when there are changes in staffing.

It is vital that you are proactive in looking for the next leadership. You may not know if you need someone to take over the seat shortly. The act of searching for and preparing someone to take up management requires time. Therefore, you should not linger about before choosing someone to train. That will create an invaluable safety net for your company.

When you are making the arrangements, it is critical to ensure that you keep an open mind. Even when you are preparing the person who is already second in command, it is wise to ensure you do not ignore the other promising individuals. Look for the employees with the right skills to make them thrive when they get to the next role. Their current positions should not determine it.

Making your vision known is also something you need to do. If you are thinking of training any potential leaders, let the board of directors, together with human resources, know about this. If you already have a list of any potential candidates, make them part of any strategy discussions. That way, they get to gain some planning and leadership skills. Their objectives and vision for your business will also widen.

Providing regular feedback for the employees will also be helpful. When you notice that an employee has excellent presentation skills over the rest, you should acknowledge this and note it down. You also need to track the achievement of the top performers. In the case where there is an open management position, you can use the records to choose the next manager. These records will also help you with performance reviews.

Also, it is helpful to provide training to all peak performers. Once you identify people, who are doing well in the organization, make sure you also train them on the next role using mentorship forums and another form of training. You can also provide an opportunity for job shadowing as that will refine their skills and also help them acquire new ones.

Do a trial run for any of the individuals you are thinking of giving the next role. When people go on vacation, you can have an excellent opportunity to try any other individual, whom you think can fit in that role very well. While the individual will gain experience, you will also see how ready they are for the position.

Your plan can aid in creating a hiring strategy. The program will help you find the workers who are next in taking up the critical roles in your business. Therefore, you get to know the talent gaps you have. Thus, you can identify the kind of people you are looking for when recruiting new staff members.




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