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Final Report DECEMBER 2008Succession Planning Best Practices and Tools for the Canadian Electricity and Renewable Sectorwww.brightfutures.ca1This project was funded by the Government of Canadas Sector
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How to fill out succession planning best practices

01
Identify key positions within your organization that require succession planning
02
Develop a clear understanding of the skills and competencies needed for these key positions
03
Identify potential successors within your organization by evaluating current employees
04
Provide development opportunities for potential successors to help them acquire necessary skills and competencies
05
Create a documented succession plan outlining the process for identifying and developing successors for key positions
06
Regularly review and update the succession plan to ensure its effectiveness

Who needs succession planning best practices?

01
Organizations looking to ensure continuity and stability in leadership positions
02
Organizations looking to develop a pipeline of talent for key positions
03
Organizations looking to minimize disruptions in business operations due to sudden leadership changes
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Succession planning best practices involve identifying and developing internal talent to fill key roles within an organization.
Succession planning best practices are typically filed by HR departments or senior leadership within an organization.
Succession planning best practices can be filled out by evaluating current and future talent needs, creating development plans for high-potential employees, and regularly reviewing and updating succession plans.
The purpose of succession planning best practices is to ensure a smooth transition of leadership within an organization and mitigate the risks associated with key personnel changes.
Information such as key positions, potential successors, development plans, timelines, and any identified gaps in talent should be reported on succession planning best practices.
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