In this 30-minute session, Succession Planning, Kelly McDaniel emphasizes the importance of examining a company’s current state and creating a future one for their business. A key process involves identifying vulnerabilities in a company’s organizational chart and developing an action plan to address potential job function gaps which may impact business operations.

This may include:

• Identify employees who anticipate retiring within the next few years;
• Look at employees with tribal knowledge (not easily transferrable); and
• Review employee performance – promoting or terminating as needed. Doing so will impact business by creating position vacancies.

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