Succession Planning Process (Page 4 of 5) in pdf

Succession Planning Process Page 4

Succession Planning Process (continued)

Step 4: Develop

This step involves:

Succession

Strategies

• Identifying recruitment strategies:

Recruitment and relocation bonuses

Special programs

• Identifying retention strategies:

Retention bonuses

Quality of work life programs

• Identifying development/learning strategies:

Planned job assignments

Formal development

Coaching and mentoring

Assessment and feedback

Action learning projects

Communities of practice

Shadowing.

Step 5: Implement

This step involves:

Succession

Strategies

•

Implementing recruitment strategies (e.g., recruitment and

relocation bonuses)

•

Implementing retention strategies (e.g., retention bonuses,

quality of work life programs)

•

Implementing development/learning strategies (e.g., planned

job assignments, formal development, Communities of

Practice)

•

Communication planning

•

Determining and applying measures of success

September 2005

Succession Planning Process Page 4