It helps you make staffing decisions that spur growth, including those involved with succession planning. But no matter your size, a well-designed organizational structure should be an integral part of your strategic planning. And being able to visualize your HR data from a high-level helps ensure you grow your company sustainably in a way that supports your business goals while avoiding becoming a bloated company. The most constant thing about business is change — and no one is immune. Ensuring your business is ready for the inevitable is essential to its growth and longevity.
When you decide to leave your business, your succession planning will help you successfully transfer your business to your successor. If you develop a good succession plan, you can transition out of your business more easily. You can start your succession planning years ahead of time, which helps you meet your future needs. It will also help your successor prepare for their present and future work responsibilities. There are a number of things you'll need to think about when developing your succession plan.
Advertise Follow Us. Alamo Group Inc. Leonard will succeed Ronald A. Robinson will continue as an employee of the Company to assist in the transition until Aug. On behalf of the Board of Directors, Roderick R.