1 Smiths Interconnect Managing Director Name Finance Director/VP Name VP Engineering Name Director...

1 Smiths Interconnect

Managing DirectorName

Finance Director/VPName

VP EngineeringName

VP Sales & MarketingName

Director R&D/BDName

Sample Succession Plan

Possible Blocker, needs review

Appropriately placed or new

Capable of moving within 2 years

Indicates Key Driver position

Critical Retention, expertise

Can move now to higher level

In Emergency

Name

E – Name

PO – Name, Name

1Name

2 Name

3 Name

In Emergency

Name

1Name

2 Name

In Emergency

Name

In Emergency

Name

1

Name

Current incumbant

Potential successors


Managing DirectorName

Finance Director/VPName

VP EngineeringName

VP Sales & MarketingName

Operations DirectorName

Potential SuccessorNameTitle






Director R&D/BDName



HR DirectorName


In EmergencyName (s)

In EmergencyName Is)








Sample Succession Plan








Succession Plan definitions


This relates to a manager who has reached full potential in their current role and who is ready to be moved up to the next level with Specialty Engineering or Smiths.


This relates to a manager who has at least 12 months service with Smiths and who within 2 years, with focused development, could be moved up to the next level with Specialty Engineering or Smiths.


Critical Retention denotes a manager who has a high level of expertise in their field or who has extensive knowledge of Smiths, and who, would be very difficult to replace if they were to leave Smiths. Furthermore, they are neither willing or able to progress further in the organisation.


A possible Blocker refers to an established manager who is not performing to the level required and may be blocking others’ progression.


This relates to an manager who is currently performing well in their current role but who still requires further development before they can be considered for a move upwards. They may also have reached their ceiling. Alternatively, they may have less than 12 months service in Smiths.


A Key Driver position is a defined as one that is critical to the business strategy, is directly linked to the Strategic Objectives of the business, which are subject to change. If the business does not achieve this, the strategy will suffer.

1 Smiths Interconnect Managing Director Name Finance Director/VP Name VP Engineering Name Director...

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