Succession Planning: Identifying, Retaining, and Developing New Leaders
Overview
Highlights
Succession planning is part of a broader talent management program. Succession planning aims to attract the best talent, retain those individuals, and develop them through well-targeted development efforts. It helps companies build their bench strength to ensure long-term health, growth, and stability. It’s a critical but often overlooked process.
Creating a succession plan involves identifying and training high-potential employees for key management roles. Having a succession plan in place means that the sudden departure of a leader is a manageable event, not a major organizational crisis. In this webinar, staffing industry consultant Rachel Modrak will discuss how to build a robust succession planning program that aligns current talent development approaches with future leadership needs.
During this webinar, attendees will learn
- What succession planning is and why it’s important
- How to implement a succession plan
- How to ensure effective succession planning
- How to make provisions for the development, replacement, and strategic application of key personnel
Presenter
Rachel Modrak, staffing industry consultant
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