Succession Planning - Deepstash
Succession Planning

Succession Planning

It's the process of identifying the key roles on your team and figuring out how you’ll fill them when they’re left vacant (whether that’s because of turnover, promotions, restructuring, or something else).

Think of it as future-proofing your team. Rather than staring slack-jawed at your org chart when one of your team’s managers moves to a director position, you’ll have at least a loose plan in place for how to move forward.

6

STASHED IN:

22

MORE IDEAS FROM A Manager’s Ultimate Guide To Effective Succession Planning

  • Understand what the future could look like. There are aspects of the future that you can plan for.
  • Dive into the details of each position. You’ll be surprised by how many responsibilities are flying under the radar.
  • Identify your options: Hire a new employee, move an internal employee, divide responsibilities among team members, outsource work to external vendors, eliminate the position._
  • Make your tentative plan. You’ve determined where you're headed, who does what, and what choices you have to fill role gaps. Now, all that’s left to do is figure out what your ideal plan looks like.

6

STASHED IN:

23

  • To make succession planning even more manageable, start with roles that have oversight, such as leads, managers, and directors.
  • Have honest career development discussions early on.
  • Making documentation a staple of your culture and processes will make everybody’s life so much easier.

5

STASHED IN:

22

Deepstash helps you become inspired, wiser and productive, through bite-sized ideas from the best articles, books and videos out there.

GET THE APP:

RELATED IDEA

What is Strategic Planning Process?
  1. In the simplest terms, the strategic planning process is the method that organizations use to develop plans to achieve overall, long-term goals.
  2. The strategic planning process is broad — it helps you create a roadmap for which strategic objectives you should put effort into achieving and which initiatives will be less helpful to the business.
  3. The strategic planning process steps are outlined below.

7

STASHED IN:

102

Effective project governance is about making good decisions and being accountable for them. 

Project governance involves:

  • ensuring the project's direction is in line with the rest of the organisation
  • making strategic decisions
  • managing oversight

STASHED IN:

3

A strong foundation with the right structure, people, and information-sharing can ensure that projects align with your organization and result in good decisions.

STASHED IN:

0 Comments

Key employees that quit

The pandemic has revealed that remote and hybrid teams can be very productive. One report found that 83% of employers said remote work has been successful.

But then the Great Resignation began. Statistics show that anywhere from 26% to 55% of U.S. employees plan to quit their jobs, meaning momentum can be lost on projects and productivity. Therefore, it is vital for companies to find ways to mitigate these issues.

3

STASHED IN:

23