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Succession planning 101: A step-by-step guide for small businesses

Business Management Daily

To avoid the stress and uncertainty of these transitions, it’s helpful to create a formal succession plan for your most critical roles to prevent operational disruptions when the time comes for a key employee to leave your organization. What is succession planning?

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Resource Planning Template for HR: Guide + Free Download

AIHR

A well-designed resource planning template is essential for aligning people, projects, and priorities. Poor planning can lead to excessive workloads that eventually result in burnout, affecting morale, productivity, and performance. Contents What is resource planning, and why is it important?

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How To Craft a Strategic Hiring Plan in 2025

AIHR

HR’s role in the hiring plan process Human Resources is essential to any hiring strategy. This involves making strategic decisions and trade-offs about where to invest resources for the best return, such as advertising, recruitment agency fees, and employee referral bonuses. Here’s how you can help: Step 1.

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Workforce Forecasting: Your 5-Step Guide To Predict Staffing Needs

AIHR

scheduling and shift planning), while workforce demand forecasting estimates future demand for specific roles, skills, or headcount. Workforce scheduling involves the accurate, efficient distribution of resources and workload, such as assigning employees to certain shifts or schedules.

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Career Pathing: Developing a Big-Picture Strategy

Primalogik

HR : Your HR team can lead succession-planning efforts that support career-pathing discussions. Coach them to success, so they’ll excel in a next-level position. Build a map of future job possibilities in the organization with the employee, as the Society for Human Resource Management (SHRM) says.

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CEO Succession Planning: Your 2024 Comprehensive Guide (+Free Template)

AIHR

CEO succession planning is more important than you may realize. The researchers estimate that better succession planning could help the large-cap US equity market achieve 20% to 25% higher company valuations and investor returns. Contents What is CEO succession planning?

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How to Avoid Talent Gaps with Data-Driven Succession Planning

Visier

According to the Association for Talent Development , only 35% of organizations have a formalized succession planning process. As with most things, the best way to manage these risks is to be prepared and to have a plan. Succession planning with data. Start refilling your succession pipeline.