As the year 2009 begins its long journey, take time to look around your organization. Ask yourself, how many people in your workplace are eligible to retire? Where are these individuals placed within your organization? If you are in a small entrepreneurial firm, what does your owner intend to do in the next few years? Does their potential departure present any opportunities for you? If so, how do you get noticed as a candidate? Finally, what is the process for replacing these long term employees in your organization?
Developing a plan to replace senior executives is typically referred to as
succession planning. It is a process whereby organizational leaders prepare
potentially suitable employees through mentoring, job rotation, coaching
and / or advanced training. The overall goal of succession planning is to ensure
the organization doesn't face a leadership vacuum in senior positions if
someone departs unexpectedly.Hopefully organizations don't wait until someone
suddenly dies or retires because of illness to start this planning process.
From a career perspective, it is important that you ask around and determine
what planning processes are in place, what you have to do to be perceived as a
potential candidate and how you can get involved.
Keep in mind that succession plans are long term plans of anywhere from five
to fifteen years. In other words, you need to be placed somewhere on the
succession list as early as you can in your career. Don't wait ... in fact, if
you are interested in career progression, you should be planning well ahead of
any potential need by the company.First of all, evaluate the positions you are
interested in and determine what experiential career path will take you there.
Identify the skills that need to be developed and how this can be
accomplished. Is there a combination of on-the-job skill development combined
with external courses? Create a career development plan for yourself. Engage
in ongoing training that will benefit the organization as well as yourself. In
most cases, you'll be pleased to know that your organization will typically
pay for this training.
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