Succession Plan template
Our Succession Plan Template strategically outlines a roadmap for identifying and developing internal talent, ensuring a smooth transition and continuity in key roles within the organisation.
- 2 pages / 558 words.
- Last updated 25/01/2024.
- Designed for United Kingdom use.
- Suitable for use in other territories; check local laws first.
- Instantly download as Word / PDF / plain text, or send by email.
- Includes 12 months’ access, with all updates to this page provided free of charge and notified to you.
Succession Plan
Company Name: [Insert Company Name]
Date: [Insert Date]
1. Introduction:
1.1 Purpose of Succession Planning:
The purpose of this Succession Planning Template is to establish a comprehensive strategy for identifying, developing, and promoting internal talent to fill key roles within [Company Name]. This proactive approach ensures a smooth transition in case of unexpected departures or promotions.
2. Key Roles and Positions:
2.1 List of Critical Positions:
Identify the key roles critical to the success of the organsation. Include current incumbents and potential successors for each role.
| Role | Current Incumbent | Potential Successor(s) |
|---|---|---|
| [Role 1] | [Name] | [Name(s)] |
| [Role 2] | [Name] | [Name(s)] |
| [Role 3] | [Name] | [Name(s)] |
3. Employee Development:
3.1 Individual Development Plans (IDPs):
Create Individual Development Plans for potential successors, outlining their current skills, areas for improvement, and a roadmap for career growth.
| Employee Name | Current Skills | Areas for Improvement | Career Growth Plan |
|---|---|---|---|
| [Name] | [Skills] | [Areas] | [Plan] |
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A succession plan is a strategic framework designed to identify, develop, and nurture potential leaders within an organisation.
This plan outlines key roles, identifies high-potential employees, and establishes a roadmap for their growth.
The purpose of a succession plan is to ensure a smooth transition of leadership, mitigate talent gaps, and promote the long-term sustainability of the organisation by fostering a pipeline of capable leaders ready to assume critical roles.
Compliance
Compliance
This Succession Plan template incorporates relevant UK laws and HR standards, including those listed below:
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Equality Act 2010: Ensures that succession planning is carried out without discrimination and promotes equal opportunities.
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Data Protection Act 2018 (incorporating GDPR): Mandates the handling of personal data within succession planning in compliance with data protection principles.
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Employment Contracts and Policies: Internal policies and contractual agreements may outline specific procedures and expectations for succession planning.
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Common Law Principles: Legal principles related to fair treatment and transparency influence the development and implementation of succession plans.
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Company Law: Corporate governance obligations may impact the structure and execution of succession plans within companies.
Frequently Asked Questions
Frequently Asked Questions
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Can I use this template in my small business?
Yes. The Succession Plan template is designed to be flexible and suitable for organisations of all sizes, including small businesses and charities. It follows UK employment law best practice, so even if you don't have an in-house HR team, you can confidently apply it.
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Is this template compliant with 2025 UK employment law?
Absolutely. All of our templates are drafted with the latest ACAS guidance and UK employment legislation in mind. We review and update them regularly, so you can be confident they remain compliant.
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Can I customise it for my organisation?
Yes, we highlight the areas that you need to update with your own details, and where you need to make decisions to suit your situation. This saves you time and ensures that you meet best practice.
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Do I get instant access?
Yes. Once purchased, you'll be able to download it instantly. Templates are provided in editable Word or Excel format so you can customise them easily, and in PDF format for easy sharing.
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What if I need more help, not just this template?
If you're looking for broader support, we also offer toolkits and library bundles that include this template, along with other HR templates and policies for fully managing your situation. These may be more cost-effective if you need deeper advice.
