Succession planning is about making sure your business stays in good hands. It’s about looking ahead and planning for the future — and making sure that you’re not left behind by a competitor who’s already started thinking about what’s next.
Succession planning can be tricky, especially when it comes to companies or organizations that have grown rapidly over the past few years. How do you manage an organization with multiple levels of leadership? How do you make sure that everything is running smoothly without getting bogged down by all the details?
At the end of the day, succession planning is all about making sure that your business continues to grow and thrive — without anyone having to leave the team behind. In order to do this, you need to have a clear vision for how you want things to look in five years’ time (or even next month). If you don’t know where your company will be then, how can you expect anyone else to know?