9. Succession Planning
•Succession planning is a process for
identifying and developing new leaders
who can replace old leaders when they
leave, retire or die. In dictatorships, it
aims for continuity of leadership,
preventing a chaotic power struggle by
preventing a power vacuum in
organization
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
12. Succession Planning help….
Next successor can develop its skills
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
13. Succession Planning help….
•Well defined roadmap in position
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
14. Succession Planning help….
•Employees who get to understand that their
organization has future plans for them, will tend to stay
with the organization for longer time
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
15. Succession Planning Grid
High Leadership
Potential/ Low
Performance
High Leadership
Potential/High
Performance
Low Leadership
Potential/ Low
Performance
Low Leadership
Potential/High
Performance
LeadershipPotential
Current Performance
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
16. Succession planning is Urgent
• For future and retention
• For long-term planning
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
17. Succession Planning
• Ensures that employees are recruited and/or developed to fill each key
role.!
• Ensures that we operate effectively when individuals occupying critical
positions depart.
• May be used for managerial positions or unique or hard-to fill roles.
• Align bench strength for replacing critical positions.
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
18. Succession Planning is NOT
• A one time event
• Decided by an individual
• Used solely for individual career advancement opportunities
• Reacting only when a position becomes open
• Line mangers relying solely on their own knowledge/comfort with
candidates.
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
19. Replacement vs. Succession
•Reactive
•Form of Risk
Management
•Substituting
•Narrow Approach
•Restricted
•Pro-Active
•Planned Future
Development
•Renewing
•Organized Alignment
•Flexible
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
20. Traditional vs. Future
• Driven by an annual HR
procedures
• Entitlement focus –
bureaucratic/buddy payback
system - decided in secret
• “The list” and identified
development actions, but no
accountability for
development
• Driven by current and future
business needs
• Successors determined by an
open process with multiple
inputs and factors
• Development plans,
development discussions and
coaching with both
candidate, management,
mentors, and others held
accountable for progress and
monitoring
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
21. Steps of Succession Planning
February 14, 2017
Prof.Wechansing Suliya-YOUTUE-
https://youtu.be/PApZgtEXtR0
succession planning is strategic, both in the investment of resources devoted to it and in the kinds of talent it focuses on. It is not a one time event; rather, it is re-assessed and revised annually through the process