Succession Planning Framework
PROStrategic talent management system for identifying, assessing, and developing internal candidates for critical leadership positions using 9-box grids, competency frameworks, and individual development plans.
Example Usage
Our CFO plans to retire in 18 months. We have a finance team of 25 people including a Controller, Financial Planning Manager, and Accounting Manager. Help me:
- Define key competencies for the CFO role in our $500M manufacturing company
- Create an assessment framework to evaluate our finance leadership team
- Identify which 2-3 candidates show highest potential
- Develop an 18-month Individual Development Plan for the top candidate
- Suggest mentoring partnerships with our current CFO
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Suggested Customization
| Description | Default | Your Value |
|---|---|---|
| Which positions require succession planning focus | Executive + key operational (3-5 positions) | |
| How often talent is assessed and succession status updated | Quarterly with annual comprehensive review | |
| Desired number of identified candidates for each critical position | 3+ successors per critical role | |
| Expected duration to develop high-potential employees into readiness | 1-3 years | |
| Target percentage for diverse candidates in succession pipelines | 40%+ underrepresented groups in successor pools | |
| How often contingency plans are updated | Semi-annually |
Research Sources
This skill was built using research from these authoritative sources:
- 11 Succession Planning Best Practices to Follow in 2026 - AIHR Comprehensive guide covering best practices, common pitfalls, and HR's role in succession planning
- What Is Succession Planning? Best Practices & Framework - Qooper Strategic overview with practical best practices and technology integration guidance
- 6 Key Elements of an Effective Succession Planning Framework Detailed breakdown of essential framework components including talent assessment
- Succession Planning Best Practices: Systematic Literature Review Academic synthesis demonstrating succession planning's value in recruitment and retention
- The Complete Succession Planning Guide for HR Professionals HR-focused guide addressing training guidelines and employee engagement benefits
- How to Build Succession Plans That Work: AI & Skills-Based Strategies Modern approach incorporating AI, skills intelligence, and DEI-aligned evaluation
- Common Succession Planning Mistakes (and How to Avoid Them) Practical guide identifying seven common pitfalls and solutions
- Top 7 Tools for Predictive Succession Planning Overview of AI-powered succession planning software options
- Pros and Cons of Using a 9-Box Grid for Succession Planning Critical analysis of the 9-box tool's effectiveness and potential biases
- Assessment of Succession Planning at PTTEP Real-world case study demonstrating 9-box matrix and IDP implementation