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.

This word is part of a larger series on Succession Plan

Succession planning is a detailed and vital undertaking to identify people who could immediately, or after targeted development, assume key positions. Considering the evolving workforce, various companies ensure that the succession plan is adhered to periodically and is adapted at all levels, be it leadership roles, mission-critical positions or niche roles.

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