Succession Planning for Today's Work World

While succession planning is common in many companies, they often misapply or misunderstand the concept, leading to organizational challenges. Further, a lack of succession planning can destroy the essence of an organization. In this issue of TD at Work, Annette Cremo and Tom Bux explain:

• What a succession plan is, along with its benefits and challenges
• What succession planning looks like in practice
• What competencies, behaviors, and skills companies should grow
• Various ways employers can offer development opportunities

The Tools & Resources in this issue are a set of Mentoring Intake Process Forms, a Stretch Assignment Tasks and Responsibilities Template, and a Mentor-Mentee Agreement.

About the Author

Annette Cremo

As chief learning officer for Strategic Consulting Partners, Annette Cremo is an education, training, and organizational development consultant. She conducts organizational assessments and strategic plans, then develops, designs, and delivers programs in both the private and public sectors. Cremo is also a certified executive coach.

Tom Bux

Tom Bux is an L&D manager for an online retailer’s fulfillment center, where he is responsible for the training and development of more than 400 employees. Bux works with local workforce development boards and learning organizations to leverage regional resources to empower employees in their learning and career goals. He is certified in the Five Behaviors of an Effective Team and DiSC.