Many people feel overwhelmed by the idea of risk assessments, so it’s important to keep the process straightforward and approachable. Succession planning inherently involves risks, as personnel can change frequently within organizations. Regardless of whether we implement strict non-competition or confidentiality agreements, our organizational stability can still be at risk.

The Risk Analysis serves as a leader’s candid effort to evaluate the potential risks associated with a specific plan. It’s crucial for leaders to conduct this analysis honestly, incorporating feedback from team members along with their own observations. Based on our experience, managers often require training and mentoring to effectively use these tools, ensuring they serve a meaningful purpose. When managers and their direct reports engage with such tools, they need to focus on maintaining honesty and objectivity throughout the process.

Risk Analysis for (insert name) ________________________ 

Date _________________