Every so often, something goes wrong. The week seems to be humming along, and then…
Staff illness
Dehydration
Distracted driver
Supply chain snaps
How do we deal with all this “stuff” and how do we know the business will go on?
Succession planning is a critical piece of business, but this article only touches on it for a few words. How we know it’s time to engage our succession and management contingency plans is the more pertinent topic.
“What are these things of which you speak, Mr. Philosopher?”
Good question.
Succession planning is, in general, the plans and communications we put in place prior to our departure or demise to assure the business or team will continue to operate even if we never return (or, if it is in fact our demise… heaven forbid).
Management contingency plans are the operational details we put in place in the event that a member of the team isn’t available. Whether because of Paid Time Off, illness, or they took another job, the tasks and responsibilities of that person aren’t just going to fulfill themselves. Having a plan to fill that void can be what sets your business apart from the rest. With a management contingency plan and solid succession planning, there will be no hitch in your giddyup!
“How does all this have to do with the 'stuff’ we all deal with?”
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