The primary objectives for and deliverables of a Succession Planning program are to:
Encourage individual development by:
Fortune 500 companies and small family businesses share a business need - ensuring they have the talent necessary to effectively lead their organizations in the future. One of the most significant contributions a leader can make is ensuring his/her business’ continuity and sustainability - by having employees who are willing and capable of filling each key position with a plan for doing so when the need arises Succession Planning is a:
a strategic approach for avoiding an undersupply of talent, enhancing the organization’s current talent pool, and meeting its future needs
Not having a Succession Plan can be costly and sometimes disastrous; it is expensive to recruit, interview, select, on-board, and train a new leader and significant opportunity costs are incurred when a key job is not being performed.
I. Succession Plan Defined
II. Objectives and Benefits of Succession Planning
Encourage HiPos development by:
III. Tools and Processes Commonly Utilized for Developing and Implementing
IV. What an Organization, its Leaders, and the Program Participants Need to Do to Achieve an Effective Plan
What an organization needs to do:
What the leaders need to do:
What the program participants need to do:
V. Potential Measures of the Program’s Success
Fortune 500 companies and small family businesses share a business need - ensuring they have the talent necessary to effectively lead their organizations in the future. One of the most significant contributions a leader can make is ensuring his/her business’ continuity and sustainability - by having employees who are willing and capable of filling each key position with a plan for doing so when the need arises Succession Planning is a:
a strategic approach for avoiding an undersupply of talent, enhancing the organization’s current talent pool, and meeting its future needs
Not having a Succession Plan can be costly and sometimes disastrous; it is expensive to recruit, interview, select, on-board, and train a new leader and significant opportunity costs are incurred when a key job is not being performed.
I. Succession Plan Defined
II. Objectives and Benefits of Succession Planning
Encourage HiPos development by:
III. Tools and Processes Commonly Utilized for Developing and Implementing
IV. What an Organization, its Leaders, and the Program Participants Need to Do to Achieve an Effective Plan
What an organization needs to do:
What the leaders need to do:
What the program participants need to do:
V. Potential Measures of the Program’s Success
Pete Tosh
Pete Tosh is the Founder of The Focus Group, a management consulting and training firm that assists organizations in sustaining profitable growth through four core disciplines:Implementing Strategic HR InitiativesMaximizing Leadership EffectivenessStrategic PlanningEnhancing Customer LoyaltyThe Focus Group has provided these consulting and training services to manufacturing and service organizations across the U.S., Canada, Europe, and the Middle East. Pete has worked closely with the leadership teams of organizations such as Exxon, Brinks, EMC, State Farm, Marriott, N.C.I. YKK and Freddie Mac Pete holds a B.A. degree in Psychology from Emory and Henry University and Masters degrees in both Business Administration and …
Writing Techniques for Auditors and Risk Management Profess…
Unlock Employee Loyalty: Stay Interviews Will Keep Them Eng…
Handbook Overhaul 2026: Compliance, OBBB Act & Beyond
Introduction to Microsoft Power BI Dashboards
Managing Difficult Employee Conversations
Independent Contractor vs. Employee - 2026 IRS Guidance on …
ChatGPT for HR - Build HR Policy Framework and Strategy
Virtual and In-Person Onboarding Your New Hire: Policies, P…
Stop Conflicts Before They Become Big Problems: Practical S…
Setting SMART Goals & Leveraging Storytelling for Reporting
Major Changes in W2 and 1099 for 2026 Compliance! Learn How…
Female to Female Hostility @Workplace: All you Need to Know
Rewiring Your Emotional Triggers: Leading with Clarity and …
I-9 Audits: Strengthening Your Immigration Compliance Strat…
Electronic Payment Fraud Prevention Best Practice
From Spreadsheet Logic to Analytics Logic: Excel → Power BI…
Onboarding Best Practices for Millennial and All Employees
Batch Record Review and Product Release
Mastering the Prompt: How Every Professional Can Use AI to …
Managing Toxic & Other Employees Who Have Attitude Issues
Emotional Intelligence: Mastering the Emotions of Great Lea…
FDA QMSR Explained: How the QMSR Replaces the QSR
ChatGPT for CPAs and Finance Professionals
Project Management for Non-Project Managers - How to commun…
2-Hour Virtual Seminar on How to Conduct an Internal Harass…
Leading a Project and Team in Stressful Times: Supporting y…
Better Business Writing-How to Write Right
Excel - Pivot Tables - The Key To Modern Data Analysis and …
HR Metrics and Analytics 2026- Update on Strategic Planning…
Excel + AI: The Smart User's Guide to Faster, Easier Work w…
4-Hour Virtual Seminar on Secrets of Psychology - Why Peopl…
Accounting For Non Accountants : Debit, Credits And Financi…
Conquer Toxic People - Learn To Protect Yourself And Get Yo…
Thriving in a Hybrid Workplace: Keys to Leadership and Team…
FDA Regulation of Artificial Intelligence/ Machine Learning
Beyond Orientation: Build a Strategic Onboarding Experience…
H-1B Visa Updates and Employer Strategies for 2026