Business Strategy - The foundation of a Succession Plan.
Successor Competencies - Identify competencies for now and in the future in alignment with business strategy.
Replacement Plan - Who is ready now, ready in the future, and an emergency replacement.
Development Plan - Methodically manage and nurture the talent pipeline.
High Potential Plan - Confidentially identify and develop high potentials. High Potentials can change quickly.
Acquisition Plan - Acquire talent at all levels where needed. Hire in alignment with business strategy.
Divesture Plan - Respectfully move aside or remove barriers in the talent pipeline.