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Succession planning organograms indicate the hierarchical structure of inheritors whose going to take over a business, company, or institution. And having one is vital to avoid internal conflicts. Creating one from scratch can be quite time-consuming. Hence, we offer you a collection of easily editable and high-quality Succession Planning Organizational Chart Templates in MS Word that you can utilize. From human resource organizational charts to business succession organizational chart, we have them print-ready for you in A4 and US Letter sizes. Don't succumb yourself from the stress of creating an org chart. Make it more convenient and hassle-free by utilizing our templates today!
According to Harvard Business Review, about 10 to 15 percent of corporations each year appoints a new CEO because of retirement, resignation, dismissal, or health concerns. To determine whose going to take charge of the vacant position, a functional and detailed organizational chart is essential. To help you make them, we have listed some helpful tips below.
What's the sense of your org chart if it doesn't have any details on it, right? To jumpstart, know the people that you're going to include. This would typically be employees who have high-ranking positions in the organization. List down their correctly spelled names together with their corresponding positions.
Explore your creativity and decide on the preferred layout that you want to use for the org chart. You can have it in a simple or a more unique approach. In conceptualizing it, make it engaging to the eyes. Just tone it down a little bit, and as much as possible, keep the formality of the document.
Once you're done with its layout, you can now start structuring it in Powerpoint or any software program you prefer. Keep in mind to always follow the hierarchical structure in developing it. Start with the most qualified replacement down to the lowest one. Be sure that the flow is correct, and the connectors are in place.
Organized and orderly, these are the things that should be present in your succession planning organizational chart. To attain this, you should take reference from credible sources online. Integrate high-quality images on it if you want to make it more professional.
Before delivering your accomplished org chart in a presentation, have it approved first from the leadership management executives. This way, you can determine the errors that you might have overlooked in creating it. Once approved, generate print and digital copies of it.
Succession planning is the process of selecting and developing potential leaders who are going to replace old leaders once they retire or die. It is focused narrowly on determining back-up candidates for senior management and executive positions.
The seven steps to effective succession planning are:
1. Know your company's vision and goals
2. Develop an inventory of skill sets
3. Ask the preferred future roles of the employees
4. Evaluate every employee's potential
5. Inform employees about their potential
6. Harness the employees according to their skill sets
7. Offer retention programs
Succession planning is important in every organization because it helps protect the company, identify potential leaders, and structure effective training and development that will benefit both the company and the employees in the long run.
The four basic elements of an organizational structure are the following:
1. Functional Organization Structure
2. Divisional Structure
3. Matrix Structure
4. Flat Organizational Structure
Organizational charts depict the chains of command inside the organization.