Executive Succession Planning Checklist

Executive succession planning checklist is a simple set of steps and activities that an organization must complete to facilitate a successful transition.

What is an Executive Succession Planning Checklist?

In most businesses, big or small, succession planning happens by accident – by the sudden death, resignation, or termination, for example – and generally, a thoughtful plan and a thorough checklist are not in place.

Without a succession plan, executive power transitions can be abrupt and can lead to a lot of challenges. Hiring a sudden replacement is often a compromise, the new person (or a lateral move) does not know the ropes of the job, and the ensuing power struggle can disrupt the company focus and cause bigger problems with shareholders and the marketplace.

Corporate HR leaders, in conjunction with the Board, should put in place executive succession plans.  The executive succession planning checklist is a simple mechanism to gain a holistic perspective of the process and outline all the key steps and activities so that nothing slips through the cracks.

By registering as a member or a premium subscriber, you can download the Executive Succession Planning Checklist and customize to your needs and use it to check off items.

Please also review all our other Checklist offerings.