How Does Succession Planning Work?

Succession planning can be carried out by a recruiter within a company or by an executive search firm who will analyze the needs of the business, design a persona for the ideal candidate, conduct a deep search on various portals and recruit the right candidates.

What Is Succession Planning in Business?

The succession planning process in business is about managing the recruitment of suitable candidates for leadership roles in the company keeping in mind the company’s immediate and future needs and the vision that the management has for the company.

What Are Some of the Common Mistakes During Succession Planning?

Some of the common mistakes during succession planning are ignoring passive candidates, not defining the business needs accurately, not communicating the needs of the leadership roles effectively to HR and management.