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Understanding Succession Planning
What is Succession Planning?

Importance of Succession Planning

Succession Planning vs. Replacement Planning

Key Components

Case Studies
Developing a Succession Plan
Identifying Critical Roles

Assessing Current Talent

Defining Success Criteria

Creating Development Plans

Communicating the Plan
Talent Assessment and Identification
Talent Reviews

Performance Metrics

Potential Assessment

Leadership Competencies

Talent Pools
Development Strategies for Successors
Mentorship Programs

Training and Development

Job Rotation

Stretch Assignments

Leadership Programs
Monitoring and Evaluating Succession Plans
Regular Reviews

Adjusting Plans

Measuring Outcomes

Risk Management

October 2026

Potential Assessment

The Time-in-Role Fallacy: Why Tenure Is the Wrong Metric for Measuring Successor Readiness

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Example of a succession plan
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Last posts

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Why Your Board's Succession Conversations Stay Surface-Level and How to Force Real Depth
Peer Coaching Circles for Successor Candidates: A Low-Cost, High-Impact Development Model

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