The process of succession planning offers to identify the right employees who can be assigned more responsibility if there is a chance of future vacancy. Most of the time companies will be having plans for finding out the successors for a senior level of employees but it is also good to have middle-level management also. If this done properly there will not be any crisis arising when an employee leaves an organization
The first step in succession planning is the process of finding out the right candidates which is not merely doing with the help of organizational chart. It is essential for the person in charge of doing the succession planning to have necessary human resource management skills to make the process easy. The necessary skills needed for the employee in the particular position is identified taking into consideration of other factors. Although there will not be any perfect replacement options it will be more of finding the most suitable person available.
The management team taking care of succession planning should convey the matter to the necessary employees to make the process more transparent. It is not good to explain to the selected candidate to inform about the replacement but to have proper plan to develop necessary skills needed for the position. Proper communication is a critical element in succession planning.
The next thing to do after the selection of the right candidate who will be taking the responsibility will be to give proper training so that he develops the necessary skills. It is also essential to build an attitude to take more responsibilities for the job position once there is a promotion to the desired level. After the training, the employee should have a better understanding of the business process and potential to grow under various cu=circumstances.