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Succession Planning

What is Succession Planning?

The process of identifying and developing future leaders and key personnel to ensure continuity of critical roles and organizational knowledge.

Governance

Each of these is named in at least one of the same controls as succession planning. The number is how many controls name both.

What the standards actually require on succession planning

Requirements naming succession planning across 6 standards, quoted from the control text.

Human governance - leadership development, succession, and talent management. Control from ISO 37000:2021 framework, domain: Organizational Culture and Capability.

ISO37000-CC-03 · Cl. 4.3.2 Competence - Leadership development, succession planning, and talent management for governance

FRLM-based leadership development program implementation. ELEMENTS: (1) FRLM EDUCATION - foundational understanding of the model + 9 factors + 3 outcomes + augmentation + ethical underpinning;

FRLM-Implementation-360-Coaching · FRLM-Based Leadership Development - 360-Degree Feedback, Executive Coaching, Action Learning

Develop people resilience through succession planning, wellbeing support, and skills redundancy across critical roles.

BS65000-8.3 · People Resilience

Strategic and Business Planning competency area covers organisational and system-level planning capabilities. Strategic planning and implementation for nursing organisations + nursing services + national nursing associations: vision + mission + values + SWOT +...

ICN-LFC-StrategicBusiness-Planning-BusinessCase-Financial-Performance-Capacity · ICN LFC - Strategic and Business Planning - Strategic Planning + Business Case + Financial Management + Performance Measurement + Capacity Building

Governance + Coordination cover organisational elements for IFRS 17 implementation. Per public IFRS 17 abstract + IFRS Foundation Project Summary + Wikipedia + Big 4 Insurance Industry Insights (full IFRS 17 text NOT reproduced): IFRS 17 Governance + Controls...

IFRS17-Governance-Controls-Coord-SolvencyII-IAIS-EIOPA-NAIC-PRA-APRA · IFRS 17 - Governance + Internal Controls + Coordination with Solvency II + IAIS + EIOPA + NAIC + PRA + APRA + 2024-2025 Pipeline

Kotter 8-Step Step 8 - Institute Change (Anchor New Approaches in the Culture). Create better performance through customer + productivity-oriented behaviour + more and better leadership + more effective management + articulate connections between new behaviour...

KOTTER-Step8-Institute-Change-Culture-Anchor-Behaviour-Norms-Shared-Values-Succession-Onboarding-Storytelling · Kotter Step 8 Institute Change + Anchor in Culture + Behaviour + Norms + Succession

Questions people ask about succession planning

What is Succession Planning?
The process of identifying and developing future leaders and key personnel to ensure continuity of critical roles and organizational knowledge.
Why is Succession Planning important for compliance?
Succession Planning is a key concept in Governance. Understanding succession planning helps organizations meet regulatory requirements, reduce risk, and demonstrate due diligence during audits. Our compliance platform maps 686 frameworks with 311K cross-framework control mappings.
Which compliance frameworks address Succession Planning?
Succession Planning appears in the requirement text of ISO 37000:2021, Full Range Leadership Model (Bass & Avolio), BS 65000:2014 - Guidance on Organizational Resilience, ICN Leadership for Change Programme, IFRS 17 - Insurance Contracts. Across these standards we have identified 7 controls that name it directly, each linked to the control text on the compliance platform.
Where can I learn more about Succession Planning?
Explore our compliance framework pages to see how succession planning applies across different standards and regulations. Our implementation guides provide step-by-step guidance, and the compliance platform offers AI-powered analysis of how this concept maps across 686 frameworks.

See how Succession Planning applies across compliance frameworks

Our platform maps 686 frameworks with 311K cross-framework control mappings. Explore how this concept is addressed across standards.

Written and maintained by Gerard Blokdyk, The Art of Service.