The process of identifying, recruiting, selecting and hiring top talent continues to become more difficult and expensive. Having a succession plan in place has never been more critical. A comprehensive succession plan will identify and develop the future leaders at all levels of the organization.
SM Advisors succession planning can take place during the strategic planning process, or as a separate succession planning process. Together we will design the future leadership team of the organization by:
- Creating the organizational structure needed to achieve the company vision
- Benchmarking each position to ensure skill set alignment
- Identifying skill set voids and develop timetable for selection process
- Creating personal/leadership development plans for continuous improvement
- Developing a well thought out communication plan for the organization
Succession planning ensures a secure and prosperous future for all stakeholders.