Developing a 'how to' succession plan may not be something you want to think about because you don't want to entertain the thought of your best people leaving key roles; and while it may be the most prudent approach to try and keep your staff superstars happy and motivated, you'll also need a backup succession planning process in case you need to release your favourite employee back into the wild.
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How to Succession Plan
So, how do you keep the crucial intellectual property that's been developed by current employees in-house when it's their time to pass on the baton?
In the video below, we provide you with 3 key steps in the succession planning process. These are:
1. Identify the essential employee knowledge
2. Sit down with your employees and capture their knowledge
3. Make the business knowledge accessible
With these three steps, plus a tool to capture, store and share the knowledge, you will be ready for employee succession planning with a working process in place when staff need to move on.
Watch our video below to find out how to do succession planning in 3 steps:
Succession Planning Tools/Templates
This video contains one of the best methods of succession planning available today. To download our process mapping report mentioned in the video, go here or click on the graphic below:
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