Why Every Workplace Needs a Succession Plan

Have you ever stopped to ask: Does our workplace have a succession plan? Or even more fundamentally, What is a succession plan, and why does it matter?

A succession plan is a strategy for identifying and developing future leaders at all levels of an organisation. It ensures that when people leave, retire, or transition into new roles, the business continues to run smoothly. But in many workplaces, this essential planning is overlooked, and the consequences can be significant.

In my experience, I’ve worked in organisations with very flat structures. There were layers of management and a reliance on external contractors, but a noticeable shortage of mid-level or entry-level staff. It was a classic case of 'too many chiefs and not enough Indians.' (a very old saying meaning - too many bosses and not enough people to do the actual work).

The result? Chaos.

Without clear career progression opportunities, staff morale dropped, and turnover skyrocketed. Workloads became unmanageable. And when restructures happened - as they often do - existing roles were simply stretched further. More duties were added to job descriptions, but those who left, well, they weren’t replaced.

This kind of approach isn't sustainable. It burns out employees, drains productivity, and leaves organisations vulnerable when key people leave.

A well-thought-out succession plan supports a healthier workplace culture, clearer career development pathways, and stronger team stability. It also helps retain great people because when employees can see a future within the company, they’re more likely to stay and grow with it. It's a part of good workplace culture.

So, what’s the succession plan in your workplace? If you don’t know, it might be time to start asking.

Need help creating or reviewing your workplace’s succession plan? I support businesses in building practical, people-focused strategies that strengthen teams and future-proof leadership. Reach out to me at www.juliaperryman.com.au