Performance Management, 360 Degree Feedback, and Succession Planning Insights

Prioritizing our efforts helps us to make decisions and allocate resources in all that we do. Identifying critical positions or prioritizing is an important part of the succession planning process. It allows organizations to target talent investments to ensure leadership continuity and mitigate risk from leadership attrition. Prioritizing becomes even more important during times of economic turbulence and uncertainty. Determining which positions are the most critical as part of succession planning can be challenging. We won’t find a “standard list” of positions on the internet. Every organization must identify these vital roles in the context of many factors, including market conditions and organizational strategy. For example, companies who require technical innovation to execute their strategy might determine that specific engineering roles are critical while other companies would identify specific marketing roles at most critical.