Only 35% of organizations have a formalized succession planning process for critical roles. Succession planning is not at the top of everyone’s mind, but it rises to the forefront when a key employee announces their exit from the organization or something happens suddenly to a top performer. Now is the time to think about succession planning and putting one into place. It will also help an organization see where their other strengths are, but also where improvement is needed. 

Objectives:

• Explain what Succession Planning is and why it’s necessary for your organization

• Identify Benefits of Succession Planning

• Describe Pitfalls to be Aware of with Succession Planning