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Beginner’s guide to succession planning: 6 essential steps

Insperity

Succession planning is a process that ensures your company is prepared for the future. Succession planning keeps your business moving forward during the inevitable changes that come with running a business. And such plans serve as an excellent tool for retaining your strongest performers, who often tend to be the type of employees who need to know where their career is headed. Be prepared to make succession planning an ongoing effort.

How to train your successor

Insperity

You’ve created a succession plan. Now you’re looking ahead to your own retirement or a promotion. And how can you set them up for success after you’ve moved on? Whenever you name your successor, it’s time to put a training plan into practice.

Managing unexpected change in the workplace

Insperity

Without a plan for managing unexpected change in your workplace, crises can turn into catastrophe. You can lessen the pain planning ahead. Plan your communications and first steps. Establish a succession plan. Strategy and planningChange is inevitable.