How to Build a Long-Term Talent Strategy with Succession Planning

How to plan for succession now and avoid struggling to fill a key role later

“Succession planning” may sound like a boring HR term or something that only large corporations need to worry about, but the truth is that a strong succession plan is vital for companies of all sizes – especially small and mid-sized businesses.

Think about it: Do you know who will be leading your organization in five years? Ten years? Twenty years? What about each of your company’s teams and departments? If anyone in a key role leaves tomorrow, do you have someone who can fill their place?

If you don’t have the answers to these questions, you’re not alone. According to a 2018 Deloitte study, while 86% of leaders think succession planning for leadership roles is urgent or important, only 14 percent said they believe their organization is doing a good job of creating a strong succession plan.

In this webinar, G&A Partners outlines why succession planning is something employers need to start doing today and offers actionable tips companies can use to start building a strong, long-term talent strategy for their organization.

What you will learn:

• What is succession planning (and what isn't)
• Relevant stats and figures demonstrating the impact it can have
• What types of positions should have a succession plan in place
• How succession planning fits into an organization’s overall talent-management strategy
• Common mistakes companies make when succession planning and how to avoid them
• How to plan and create a succession plan

Join G&A Partners’ Senior HR Advisor Susan Crowder as she offers actionable tips companies can use to build a strong, long-term talent strategy for their organization.