A succession plan identifies who could step into a critical role. It cannot, on its own, ensure that person will be ready and available when the vacancy occurs. Even a plan that is reviewed regularly throughout the year can be weakened when a leading successor leaves, either for a better opportunity elsewhere or after working under a toxic or misaligned leader who did not value their abilities.
The further an organization has to go down its succession plan, the more risk it is taking on. It is a little like replacing a .375 hitter with a .250 hitter. The team keeps functioning, but it loses something real.
Continue reading “Succession Planning Takes More Than Naming Successors”
