Succession programmesTraining by KBA
While effective succession planning can help you achieve succession, there are still challenges to face. Employers frequently implement succession plans to ensure smooth role transitions within their organisations. When doing this they are faced with three primary challenges in implementing these plans:
- Identifying talented candidates for leadership succession
- Developing candidates to become suitable leadership successors
- Retaining leaders and succession candidates long enough to ensure that key positions will be successfully filled according to plan
Implementing a succession strategy becomes important in addressing two challenges to succession planning – qualifying and matching candidates. Qualified candidates should be highly engaged individuals that are willing to be considered as part of your succession pipeline. Matching candidates is important when a mentoring programme is implemented as part of the succession strategy.
This plan will lead them to the leadership role that has been defined by their organisation. The challenges of succession planning have their solutions in talent development. With a well-developed talent pool, employers can plan for success in succession.