Succession Plan - Excel, Google Sheets, PDF

A succession plan template is a strategic tool that helps organizations identify key positions, select qualified candidates, and train promising employees for future leadership roles. It is an integral part of ensuring a company’s longevity and security.

The template typically includes several crucial components:

1. Positions: These roles need to be filled, usually revolving around roles critical to the company’s ability to function.
2. Name: This is the person who currently fills the position.
3. Required Actions: These are the steps that need to be taken to prepare for the transition. Most succession plans include two to three actions for each role.
4. Readiness: This system measures how prepared a candidate is for the role.

The template can track multiple roles, retirement status, potential successors, required training, and other information.

Using a succession planning template ensures your organization can easily navigate leadership transitions and other unexpected events. It helps maintain business continuity, particularly during shifting leadership and change.