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Retention

Succession risk when key people are running on empty

Estimated 2 minute readFor boards2 sources

A succession plan is incomplete if the successor is already covering several overloaded roles. Test capacity as well as capability.

The performance question

Naming a deputy can create apparent assurance while adding responsibility without removing existing work. Consider the incumbent’s demands and the deputy’s readiness together. Continuity must remain workable during leave, illness or departure, not depend on another person extending their hours indefinitely.

What the evidence supports

FRC Principle J and Provision 17 address effective, orderly succession for boards and senior management. HSE recommends assessing the whole team’s workload and how work can be redistributed. These sources support a practical readiness test.[1][2]

A practical approach

For each essential senior role, identify the decisions a successor would inherit immediately. Check access, competence, authority and available capacity. Run a planned cover period with genuine delegated decisions, and remove or cover part of the deputy’s normal work. Record any tasks still dependent on the incumbent.

How to review progress

Report unresolved dependency and the time needed to close it. Review the plan after major portfolio changes. Do not treat a successful short cover period as proof that the same arrangement could operate indefinitely without further resourcing.

Sources and references

  1. UK Corporate Governance Code 2024 Opens in a new tab

    Financial Reporting Council

    Application; Principles A, E, F, I, J and O; Provisions 2, 5, 6, 17, 28 and 29

  2. Human factors: Workload Opens in a new tab

    Health and Safety Executive

    Processing limits, task analysis, workload drift and staffing

The evidence section identifies what the cited sources support and the limits of applying it here. The practical steps and review measures are editorial suggestions, not proven outcomes or endorsements by the source publishers. This briefing is general guidance, not clinical, legal or financial advice. Check current guidance and seek qualified advice for your circumstances.

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