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Succession planning is not simply identifying “who’s next” for a leadership seat; it is now preparing to have the right capabilities, in the right people, at the right time, within your organisation. Research indicates a serious gap: only 64% of HR practitioners believe their organisation has a succession plan or will develop one, whilst 97 % of business leaders believe their organisation does. Additionally, traditional succession planning approaches that rely on tenure or hierarchy are proving inadequate in fast-paced environments where skills need to change quickly. This is why something like Skills Caravan, which has a commitment to learning and development focused on skills, can change how organisations develop their leadership pipelines. Below, we share five practical ways Skills Caravan may enhance your succession planning practices to help align talent readiness with agility and skills evolution.
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Effective succession planning starts with knowing what skills today and tomorrow will be valuable. Planning based on being job title centric may overlook this. For example, a study conducted in 2021 indicated that only 35% of organisations have a formalised succession planning process when it comes to critical roles.
Skills Caravan is the foundation to assist your organisation in building a robust skills taxonomy that delineates the core, leadership-adjacent, and emerging skills you will need your business to develop. This taxonomy allows you to establish a skills inventory of your workforce to know who has what skills at what level, and potential areas for improvement. With this information in place, your L&D and talent processes are far more informed when it comes to defining where successors can grow into positions and not just are selected to fit an old model for a role.
Ultimately, an inventory approach that is living and skills-based vs. a static organisational chart will avoid a fall back into which to rely on old assumptions about who can replace whom, or even relying on "the hierarchy" as a snapshot versus workforce skills data that will have future relevance. This material directly aligns with research that points to the need for a skills intelligence approach to succession planning.
One of the challenges of succession planning is identifying talent beyond tenure, title or subjective bias. The risk is that you may miss hidden leaders or be biased in your selections of leaders. In fact, one study found that subjective assessments were correlated to lower success, whereas using predictive assessments increases success, as the top 25% of managers had a 46% greater probability of success.
Skills Caravan turns succession planning on its head by focusing on observable skills and learning trajectories, rather than by position. Skills Caravan's skill-based learning platform records the data you need in order to identify high-potential candidates with the right mix of skills you are developing, or thinking of developing, through learning. These are not just your "leader = successor" assumptions.
By surfacing talent across roles and functions (and beyond your typical succession track), you will be reducing bias in your successor pool and at the same time enhancing individual, operation and organizational diversity, resilience and depth in your leadership bench. Evidence shows, in every industry, that skill-based succession planning reduces bias and improves readiness.
Once you understand the skills needed for critical roles and you have identified successors, the next step is development. Often times succession planning stops here because the approach to learning is ad-hoc and generic. However, contemporary succession planning calls for a specific, skills-based approach to developmental pathways, based on both current performance and future potential.
With Skills Caravan, you are able to co-design personalised, learning journeys that address the specific skill gaps for the identified successors. Their development might include some form of learning in leadership fundamentals, strategic thinking, emotional intelligence, tech-savviness or other emerging skills relevant to a future role. Because it tracks skill acquisition over time, you can assess progress and readiness in a more objective way.
The approach is purposeful when role performance changes or during unforeseen transitions, as successors will not be merely waiting, but acquiring the skills to be ready to step into roles of increasing importance. This elevates development from being a nice-to-have to a deliberate and strategic lever embedded into succession planning.
A major shortcoming of many succession plans is that they are static: created annually, rarely updated, rarely aligned to real skill changes or business shifts. According to research, many organisations continue to use spreadsheets or outdated HRIS systems, making their succession data obsolete by the time it is needed.
Skills Caravan addresses this by providing real-time dashboards and analytics that track skill acquisition, proficiency levels, development milestones and readiness indicators for potential successors. You can monitor who is progressing, who needs additional support, and when someone is ready to step into a key role.
This continuous visibility means your succession pipeline remains agile. If business strategy shifts, you can adjust the required skills and update learning paths accordingly. If someone leaves unexpectedly, you already know who is closest to readiness. The ability to respond quickly rather than scramble makes your organisation far more resilient. Indeed, data-driven, agile succession planning is identified as a best practice for 2025.
Succession planning is not simply a talent process; it is a cultural one. Organisations that embed internal mobility, transparent development, and skills based career paths tend to retain talent better and build stronger leadership depth. For example, organisations with a strong learning culture are often more innovative and perform better.
Skills Caravan supports in building this culture of learning through enabling employees to see their own progression in skills and understand how they may move into future roles. When individuals understand skills they need and how to develop them pathways to do so, they are more engaged and retained. Potential successors feel valued and invested in rather than waiting in a vacuum.
Similarly, at the same time, HR and L&D leaders have the same benefits, because the leadership pipeline becomes less about replacing a person and more about mobilising talent within an organisation based on skills. This mobility based on skills means that you are not beholden to promote someone just because they are next up in the hierarchy, you promote people because they have the right capabilities. In time this builds depth of leadership and disbursements of leadership capabilities across the organisation.
Succession planning is evolving , the era of relying on tenure, job title and subjective assessments is giving way to a skills-based, agile and data-driven model. By adopting a platform like Skills Caravan, your organisation can build a robust skills taxonomy, identify potential successors based on evidence, develop tailored learning pathways, monitor readiness in real time, and embed a culture of mobility and continuous development.
Given that many organisations currently lack formal succession plans, and that traditional models are increasingly challenged by rapid skill change, this approach isn’t just nice to have, it’s critical for organisational resilience and growth.
If you’re ready to transform how your organisation plans for its future leaders, we encourage you to book a demo of Skills Caravan today. Explore how it can help you build, monitor and empower your leadership pipeline through skills-based learning ,ensuring you’re ready for whatever comes next.