Get Tability: OKRs that don't suck | Learn more →

2 strategies and tactics for Succession Planning

What is Succession Planning strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Identifying the optimal Succession Planning strategy can be challenging, especially when everyday tasks consume your time. To help you, we've assembled a list of examples to ignite your creativity.

Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.

How to write your own Succession Planning strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Succession Planning strategy examples

We've added many examples of Succession Planning tactics, including a series of action items. We hope that this will make these examples as practical and useful as possible.

Strategies and tactics for implementing a Talent Management Strategy with Succession Planning

  • ⛳️ Strategy 1: Identify key positions and competencies

    • Analyse organisational structure to identify key positions
    • Determine critical roles required for future needs
    • Assess current competencies within the organisation
    • Develop a competency framework for critical roles
    • Conduct a skills gap analysis for future development
    • Engage with senior leaders to validate key positions and skills
    • Document essential skills, knowledge, and experiences for each role
    • Prioritise positions based on business impact and risk of vacancy
    • Define metrics to measure role significance and readiness
    • Continuously update the list of key positions and competencies

  • ⛳️ Strategy 2: Develop a talent pool and succession pipeline

    • Identify high-potential employees for development
    • Create individual development plans tailored to future roles
    • Implement mentorship and coaching programmes
    • Provide targeted training aligned with career paths
    • Encourage job rotations and cross-functional projects
    • Set up regular talent review meetings with management
    • Establish criteria for readiness of internal candidates
    • Monitor and track progress of potential successors
    • Facilitate leadership and soft skills workshops
    • Communicate succession plans transparently to stakeholders

  • ⛳️ Strategy 3: Ensure alignment with organisational goals

    • Align talent management objectives with business strategy
    • Review organisational goals to update succession requirements
    • Integrate succession planning in regular strategic planning sessions
    • Engage with leadership to ensure buy-in and commitment
    • Create feedback loops between management and HR
    • Set clear KPIs for the success of succession planning
    • Analyse external market trends impacting talent needs
    • Adjust recruitment strategies to fill identified gaps
    • Continuously evaluate succession plan effectiveness
    • Report on succession planning progress and outcomes to stakeholders
talent-managementsuccession-planningsenior-leadershuman-resources-professionalsleadership-teamhuman-resources-team
Implement these strategies

Strategies and tactics for overseeing Transformation of Abraham Kriel Bambanani

  • ⛳️ Strategy 1: Define clear transformation goals

    • Analyse current organisational processes and identify areas needing transformation
    • Set specific, measurable, achievable, relevant, and time-bound (SMART) goals for transformation
    • Engage with stakeholders to gather input and align on transformation objectives
    • Conduct workshops with management to ensure understanding of transformation goals
    • Develop a timeline for achieving each transformation goal
    • Establish key performance indicators (KPIs) to measure success
    • Assign responsibilities to specific individuals or teams
    • Create an oversight committee to regularly review transformation progress
    • Adjust goals and strategies based on feedback and progress reports
    • Publish transformation goals and progress to staff and stakeholders

  • ⛳️ Strategy 2: Strengthen organisational governance

    • Review current governance policies and identify areas for improvement
    • Develop updated governance policies that align with good corporate governance practices
    • Submit the updated governance policies to the Board for approval
    • Ensure all employees are trained on the newly adopted governance policies
    • Create a system for regular monitoring of compliance with governance policies
    • Set up regular board meetings to discuss governance and policy implementation
    • Assign a team to handle internal audits and verify compliance
    • Develop a reporting structure for governance issues to be communicated to senior management
    • Integrate a feedback loop for continuous policy improvement
    • Ensure that the Board is informed about compliance and governance regularly

  • ⛳️ Strategy 3: Enhance stakeholder engagement

    • Identify key stakeholders and partners involved with the organisation
    • Develop a communication plan for regular engagement with stakeholders
    • Organise quarterly meetings with stakeholders to discuss collaboration opportunities
    • Ensure that stakeholder feedback is integrated into decision-making processes
    • Include stakeholders in major organisational events and transformations
    • Create a comprehensive contact database of all stakeholders for easy communication
    • Assign a liaison officer to manage stakeholder relationships
    • Develop stakeholder satisfaction surveys to assess engagement effectiveness
    • Analyse survey results and make improvements to engagement strategies
    • Communicate stakeholder feedback and engagement outcomes to the Board and employees
transformationgovernancestakeholdersliaison-officeroversight-committeeinternal-audit-team
Implement these strategies

How to track your Succession Planning strategies and tactics

Having a plan is one thing, sticking to it is another.

Setting good strategies is only the first challenge. The hard part is to avoid distractions and make sure that you commit to the plan. A simple weekly ritual will greatly increase the chances of success.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

Table of contents
Copyright © 2024 Tability