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Succession planning (SP) continues to be a top priority for many organizations. In response to frequent requests for SP resources, I’ve created a one-page cheat sheet that consolidates elements from three of my templates into a single summary. It includes: 1) SP Questions – A set of 10 questions to help organizations clarify their approach, such as determining the scope of succession planning (what roles they will focus on) and how they will assess successor readiness to assume a targeted role; 2) SP Metrics – A list of 12 metrics, including the percentage of non-ready now successors with a development plan and the success rate of successors after assuming the role; and 3)Trigger Events for Reassessment – Nine examples of events that may warrant a reassessment of succession plans, such as shifts in business strategy, organizational transformation, or successor turnover. This cheat sheet is designed to help practitioners take a more deliberate approach to succession planning while ensuring plans remain relevant and actionable. Organizations can use this cheat sheet as a starting point and modify it to fit their unique needs.
