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Succession plan
It is a strategy in which people are assessed to transfer leadership roles within an organization. Through this strategy, future leaders are identified and developed within a company, helping Human Resources prepare high-potential employees to develop specific skills.
Succession planning ensures that an organization remains efficient even when individuals in key positions retire or leave their roles.
In addition to ensuring business continuity, this process helps identify internal talent, design personalized development plans, and reduce the impact that changes in strategic positions may generate. To achieve this, organizations typically evaluate performance, competencies, growth potential, and the readiness of professionals who may take on greater responsibilities in the future.
Having a well-defined succession plan also contributes to improving talent retention, facilitates internal promotions, and helps build a stronger organizational structure that is better prepared to face the challenges of growth and business transformation.
Where is people management headed?
We are already beginning to see examples of successful organizations that are adapting their people management policies to what new professionals demand, but are we all prepared for the great change in philosophy that is heading to our offices to park at our door?
