WHY IS SUCCESSION PLANNING IMPORTANT?
Succession planning provides managers and supervisors with a step-by-step methodology to utilize after Workforce Planning initiatives have identified the critical required job needs in their agency. Succession planning is pro-active and future focused, and enables managers and supervisors to assess, evaluate, and develop a talent pool of individuals who are willing and able to fill positions when needed. Succession planning is a method to assist Commonwealth leadership in tapping into the institutional knowledge that will be lost due to retirement, promotion, and general attrition. Succession planning is a tool to meet the necessary staffing needs of an agency/department/bureau, taking not only quantity of available candidates into consideration, but also focusing on the quality of the candidates, through addressing competencies and skill gaps.