Question:

“We know we need to plan for our leaders to leave the organization. How do we start succession planning?”

Answer:

It’s wise to think about succession planning before you need to fill leadership roles—this will make a potentially stressful time easier to manage. Succession planning prepares your current employees to move into leadership and other critical roles, easing their transition and inspiring confidence in their ability to succeed. Here are a few steps we recommend taking to get started with your succession planning for key positions you’ve identified.

Read more: Link

 

This Q&A does not constitute legal advice and does not address state or local law.