Guide
The complete guide to succession planning for small businesses
What you’ll learn:
How the right approach to succession planning can help you meet your business goals and retain your top performers
How to avoid common challenges and setbacks when it comes to succession planning
Tips for developing succession plans that set your people up for success
How can succession planning set your small business up for the future?
In a world of quick wins and unpredictable ups and downs, it’s hard to see the short-term benefits of planning your future talent strategy. Succession planning is often overlooked, especially when it comes to business-critical roles that aren’t leadership positions.
Succession planning is essential for small businesses to ensure business continuity and provide employees with growth opportunities. But according to Deloitte’s research, just 14% of leaders believe they do it well. 1
This guide will provide actionable steps to build a succession planning model that helps set your business up for the future, preserve knowledge, and provide employees with career growth.
1 Deloitte, The holy grail of effective leadership succession planning, September 2018