succession planning, and requires detailed planning in order to ensure employees can smoothly transition through roles. Despite its importance, only 35% of companies have formal succession plans – so today, we’ll go through ways HR professionals can form their own succession plans for their employees. Table of Contents: What is Succession Planning? Why is Succession Planning Important? Succession Planning Steps Succession Planning Best Practices Key Takeaways What is Succession Planning? Succession planning involves identifying key roles within a company, and

well-executed exit can turn departing employees into brand advocates. For example, providing support during the transition and expressing gratitude for their contributions contributes to a positive narrative about the company, even after they have left. Facilitating knowledge transfer and succession planning Structured offboarding ensures that the departing employee imparts their expertise to the team, minimizing the loss of critical knowledge. This proactive approach aids the smooth transition of responsibilities and facilitates succession planning , preventing a void in key roles

evaluation forms assess areas of strength and weakness, it is easier for employers to make decisions about projects, assess project completion deadlines, and to consider the quality work produced from insights gathered through the data from employee evaluation forms. 5. Succession planning It’s in your interest to get that employee evaluation form up and running because Harvard Business Review says that feedback from employee evaluations accounts for 70% of individual professional development . With companies urging their employees to grow