Business Pitch Dictionary by pitch.dog
Headcount, hiring & workforce planning · Core

Succession plan

Also called: leadership succession plan

ELI5

A plan for filling critical roles when incumbents leave or move.

Used in conversation

“The people plan needs to explain how succession plan affects roles and decisions.”

Pitch context

You will see “Succession plan” in organisation plans, workforce reviews, change programmes and people reports when the discussion reaches headcount, hiring & workforce planning.

Why it matters: In headcount, hiring & workforce planning, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 2

Direct term-level sources and supporting source families.