Succession Planning Guide

Your Complete Guide to the Succession Planning Process

Home » Succession Planning Guide

Download Your Comprehensive Succession Planning Guide

Succession planning is an essential strategic process that ensures operational continuity during leadership transitions. SIGMA’s Succession Planning Guide simplifies this process and gives you all the insights and resources you need to get started.

Included in the Guide:

  • The difference between succession planning and replacement hiring.
  • A clear outline of SIGMA’s six-step succession planning process.
  • Form-fillable templates to help you organize your succession plan.
  • Instructions for measuring progress using key success metrics.
  • Common challenges and strategies for implementation.
  • A detailed succession planning checklist.
  • A roadmap to completing the succession planning process in just 30 days.

Your Guide to Succession in 6 Simple Steps

SIGMA’s Succession Planning Guide includes everything you need to build a comprehensive succession plan. This guide is a must-have for HR professionals, board members, and business leaders. Download the guide to get started.

Succession Planning Template

What’s Inside?

Why Plan for Succession?

SIGMA has worked with thousands of organizations across North America, and CEOs consistently share that they struggle to plan for tomorrow because they can hardly keep up with the demands of today. While planning for succession requires an investment of time and effort, it is well worth the cost. Harvard Business Review estimates that effective succession planning can increase annual company valuations and investor returns by 20-25%.1 Succession plans also build internal leadership pipelines, helping organizations to:

  • Attract and retain top talent.
  • Improve performance and productivity.
  • Increase employee morale.
  • Facilitate smooth leadership transitions.
  • Create strategic alignment.
  • Ensure long-term organizational stability.

To learn more about succession planning, download our guide to get started. If your organization needs a plan quickly, visit our Succession Planning Sprint to see how SIGMA’s consultants can deliver a customized succession plan for each of your leaders in only 30 days.

1 Harrell, E. (December 2016). Succession Planning: What the Research Says. Harvard Business Review. https://hbr.org/2016/12/succession-planning-what-the-research-says.