Succession Planning Framework

A succession planning framework or a succession planning model is a ready-to-go plan that helps put succession planning strategies into perspective. A clear and transparent succession planning model highlights the necessary, current and future personality attributes, cognitive abilities, behavioral preferences and leadership skills needed to perform a role.

A succession planning framework or model is akin to a well-documented plan based on which companies undertake the process of succession planning. A succession planning framework is created considering the best interest of an organization. It plays a crucial part in a business’s success as a meticulously planned and executed succession planning model minimizes an organization’s exposure to an abrupt skills shortage.