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June 2nd, 2022 · 6 min read

The time to revisit your succession planning strategy is now

succession planning strategy blog header graphic


What is succession planning?


Succession planning challenges


Developing succession plans reactively


Planning only for C-suite succession


Tips for modernizing your succession planning strategy

Understand generational trends and data

Think development, not planning


Prioritize outcomes, not process

  • Number of leadership positions at each level filled internally vs. externally
  • Percentage of high potential employees in your candidate pool
  • Cost of succession process with vs. without investment in long-term employee development


Set realistic goals, timelines and expectations


A strategic approach to succession planning

You can address talent development challenges