In today’s fast-paced, unpredictable business environment, succession planning is no longer a luxury but a strategic necessity. Organisations that fail to anticipate leadership transitions or critical talent gaps risk losing their competitive edge. On the other hand, companies that invest in systematic succession planning strategies build resilience, retain institutional knowledge, and drive sustainable growth.
Across the globe, leading multinational corporations (MNCs) have adopted proactive succession strategies to future-proof their organisations. One powerful tool that supports this endeavor is the 9-Box Grid – a simple yet highly effective framework for identifying high-potential leaders early in their careers and developing them systematically.
This article explores real-world succession planning strategies adopted by major companies. It explains how the 9-box grid serves as an enabler for talent management, leadership development, and building a future-ready workforce.
The Importance
Succession planning involves...