How to Create a Succession Plan in Organizations [Infographic]

Succession planning is an essential aspect of any organization’s long-term success. It ensures that the company will have a strong leadership team in place for the future, allowing for smooth transitions and continuity when key employees leave or retire. 

However, despite its importance, many companies neglect to develop a succession plan, either due to a lack of knowledge or resources. As a result, they are left vulnerable to unexpected departures and may struggle to fill leadership positions quickly and effectively. In this infographic, we will dive into the world of succession planning to help create a solid plan that sets employees up for sustainable growth and success.