The diagram identifies the process of succession planning and management as a subcomponent of integrated HR and business planning.
The integrated HR and business planning process is depicted in 5 key steps:
Succession planning and management activities begin during Step 3 (Conduct Gap Analysis). Three steps are undertaken at this stage:
Step 4 – develop succession and knowledge transfer plans – links directly to step 4 of the integrated HR and business planning process: set HR priorities to help achieve business goals.
The final step of succession planning and management – evaluate effectiveness – directly supports step 5 of the integrated HR and business planning process: measure, monitor and report.
Once all steps have been completed, the process is started again from the first step of the integrated planning process: determine business goals.