All organizations benefit from succession planning. Succession planning is the process used to identify critical roles, skills, and knowledge in your organization and to develop a plan for employees to step into those roles when they become vacant. Due to limited personnel, resources, and budgets, and the belief that succession planning is costly and complex, succession planning is often left unaddressed in smaller cities. Even with limited resources, succession planning adds value to smaller organizations. An analysis of the current talent within a given organization can aid in developing backups and potential successors for any critical roles. Maintaining competitive salaries with labor markets is not feasible for smaller organizations, which makes succession planning much more important. Having development programs, cross-training, and mentoring programs inside of succession planning allows an organization to develop and retain potential successors. Organizations risk losing institutional knowledge, performance, and organizational stability without succession planning.



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