Organizations are becoming increasingly aware of the need to put in place proper succession planning programs. The objective is to help ensure that the organization has the capacity to fill vacancies that arise from time to time, from within.
The development of an effective succession planning programs calls for the development of a clear organization structure which is then followed by a review of future business plans to establish staffing requirements, in terms of both skills and numbers. Individual employees are then assessed to determine their capacity to take on more responsible positions in the organization. Any skills gaps identified in the process that can be fixed through training and then embodied in the training plan.