succession plan

How to Identify Potential Successors?

Identifying potential successors requires a thorough understanding of the organization’s needs and the skills required for key positions. Here are some steps to follow:
1. Assess Current Employees: Evaluate the skills, performance, and potential of current employees.
2. Define Key Competencies: Identify the competencies required for critical roles.
3. Use Assessment Tools: Utilize tools like 360-degree feedback, performance reviews, and psychometric tests.
4. Create a Talent Pool: Develop a list of high-potential employees who could fill key positions in the future.

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