Building Pipelines: Why Succession Planning Matters

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When a key employee exits suddenly, it can leave an organization vulnerable. Succession planning is critical for short-term productivity, long-term stability, employee morale, and investor confidence. With Renaissance Personnel Group (RPG), clients gain a partner in ensuring continuity. Professional recruiting can support organizations in preparing for the unexpected.

Succession Planning Strategies

Identify Critical Roles

  • Look at every job and how it contributes to your business.
  • Focus on leadership, revenue-driving, and technically specialized positions.
  • Assess which roles create the most disruption if left vacant.

 

Assess Internal Talent

  • Evaluate current employees for readiness and match the skills and abilities of the success profiles. Rank as Ready Now or Ready After Development.
  • Make note of positions where internal resources are not aligned with potential future needs.
  • Build bench strength through rotational assignments, mentoring, leadership development programs, and ongoing technical training.

An important fact to keep in mind is that succession planning should not be limited to leadership roles. Equally important are critical positions that rely on technical and administrative skills—roles that are essential to productivity and profitability. Do you have a realistic
understanding of how readily – or not – employees with similar competencies can be found in today’s employment market? Are you up to date on current pay scales for those roles?

Time is money, and a partnership with RPG can guide you through these questions and provide your company with key steps and solutions to fill much needed roles. We partner with you to make uncertain times more certain, more successful and secure. Let’s Talk!

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