Succession Planning: Turning a Crucial Task into a Tangible Plan

By Karen Lehman August 20, 2024

Why is succession planning so challenging, even when it is crucial to an organization’s mission and sustainability?

Everyone knows having a succession plan and a planning process is important. But knowledge doesn’t always lead to action. Why is succession planning so challenging, even when it is crucial to an organization’s mission and sustainability?

Succession planning requires time and careful consideration. Starting from scratch can be daunting, especially when you’re unsure what should be included in the plan, who should be involved, how deep the plan should go, and how often it should be reviewed. These are just a few questions that may arise as you consider succession planning.

Step 1: Start with why. Finding alignment on the purpose gets everyone moving together toward a common vision.

Why do we need a succession plan?

Step 2. Identify who. Succession planning frequently extends beyond the CEO. Deciphering who should be at the table is key to the plan’s success.

Who are we creating a succession plan for and who is responsible for designing and implementing the plan?

Step 3: Finish with how. It has been said that a goal without a plan is just a wish.

How do you write and implement a succession plan?

Your succession plan supports your organization’s commitment to serving the community and all stakeholders. Having a succession plan with a focus on stability, integrity, transparency, and sustainability ensures that your organization’s mission and services will continue uninterrupted.