Making sure that a top internal candidate will be well prepared to make the leap to a new position depends on careful and diligent planning. Succession planning identifies and prepares potential candidates to take on a leadership role, ensuring a smooth transition and minimizing any negative impacts.

KLR’s comprehensive succession plan typically includes:

• Identifying potential internal and external candidates,

• An assessment of the candidates’ skills and readiness, and

• A timeline for transition

KLR can work with you to establish development plans that can determine and accelerate talent’s readiness to assume a new role within your organization. Effective succession planning is critical for long-term success, as it helps ensure continuity of leadership, promotes stability, and helps retain key talent.