Here is a useful infographic from the folks at Law Mergers & Acquisitions in the UK that offers 10 essential tips for succession planning which is the strategic, proactive process of identifying and developing internal employees to fill key leadership and business-critical roles when current holders leave, retire, or pass away.

Learn how you should start early and think long term, define your succession goals and criteria and create a talent pipeline and mentoring program.

 

Top 10 Tips For Succession Planning

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Irma Wallace

Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal.