Planning for the Future – Business Capability and Development

Business Resourcing and Capability Planning

To grow your business effectively you need a business plan. This plan will cover at least 3 years – maybe more. It is people, however, that will deliver your plan and you need to make sure that you have the people with the right skills to help you deliver your plan.

To plan for this, resourcing and capability development, there are certain key steps that you need to consider.

Succession and Continuity planning

Succession planning is a form of forward resourcing planning. It may be linked to a person who is retiring or, in the case of continuity planning a person who is key to the business e.g. a chef.

The aim is to have a clear plan in place with successors identified and being trained to replace the person in question.

There is information from the Chartered Institute of Personnel and Development (CIPD) about succession planning.