What Is a Succession List
A succession list is a structured record that ranks potential successors for key roles, such as CEO, board chair, or senior management positions. It is commonly used in corporate governance, family enterprises, and public institutions to clarify leadership pipelines.
Why a Succession List Matters
Organizations use a succession list to reduce disruption during leadership transitions, preserve institutional knowledge, and support long-term strategy. It helps boards and owners evaluate readiness, identify skill gaps, and make informed decisions about development and recruitment.
How to Build an Effective Succession List
Start by defining critical roles and the competencies required for each. Assess internal candidates against objective criteria, document development plans, and review the list regularly. External benchmarks and governance frameworks can guide best practices for maintaining a robust succession list.
