What are the best practices for communicating succession plans to stakeholders and staff?
Succession planning is the process of identifying and developing future leaders and key employees for your organization. It helps you ensure business continuity, foster talent, and prepare for any changes or challenges. However, succession planning is not just an internal matter. You also need to communicate your succession plans to your stakeholders and staff, who may have different expectations, concerns, and questions. In this article, we will share some best practices for communicating succession plans to stakeholders and staff, and how to avoid common pitfalls and mistakes.