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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? Ideally, you should already be doing this.

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Brokers: 5 HR Trends to Guide Your 2025 Strategy

Extensis

Quick look: A new year is here, and with it comes a fresh set of workplace trends, from further incorporating artificial intelligence into daily tasks to designing comprehensive succession plans. As a result, in 2025, organizations will prioritize coaching and training their management staff.

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What’s keeping HR up? 5 key takeaways about changing priorities

HRExecutive

In 2022, for example, nearly 50% of HR professionals surveyed were focused on hiring and retention, a figure that dropped to 36% the following year and 32% in 2024. In 2023, HR also was prioritizing company culture, learning and development, employee engagement and manager training. ” The post Whats keeping HR up?

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HR Year-End Checklist: 10 Critical Areas to Assess

Extensis

Performance management As the year winds down, it’s the perfect time to prioritize performance management. Completing year-end performance reviews and setting future goals fosters growth, engagement, and alignment within a company. Employee engagement and culture Company culture is a hot topic, and for good reason.

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Career Pathing: Developing a Big-Picture Strategy

Primalogik

Successful career pathing will make work more exciting, bolstering motivation and leading to greater satisfaction on a daily basis. As such, it should be a key aspect of continuous performance management in any organization. Then, we’ll share examples of what career paths can look like across different industries.

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How To Craft a Strategic Hiring Plan in 2025

AIHR

A hiring plan is a detailed strategy that outlines your company’s recruitment needs for a specific period of time, typically one year. This plan helps ensure that your recruitment process is aligned with your company’s growth aspirations so it can meet its staffing needs.

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13 Practical Performance Management Strategies To Implement (In 2024)

AIHR

Performance management strategies are crucial for driving results. Gallup and SHRM found that under 20% of employees find their performance reviews inspiring, and 95% of managers are dissatisfied with their organizations’ review systems. It’s clear that performance management is effective.