We plan succession for the same reason we plan strategy: to preserve momentum when the world refuses to sit still. Yet many organisations still treat succession as an annual ritual - reactive, personality‑driven and slow. The cost is predictable: rushed external searches, mis‑hires and a bench that lags the strategy it’s meant to deliver. Research places senior turnover costs at ½–2 times the annual salary, which, for executive roles in large enterprises, can run into the high six figures (and, in some cases, seven figures) once ramp‑up delay and acquisition costs are included.1
AI, the energy transition and geopolitics are reshaping markets and role design. The World Economic Forum’s Future of Jobs 2025 signals substantial role churn through 2030 and a decisive shift in the skills mix. Succession isn’t a vacancy plan; it’s a system for predicting leadership fit, readiness and ramp time — and then acting at speed.
Winners don’t manage backfills; they build a leadership engine that continuously identifies, develops and deploys leaders into mission‑critical roles.3,4 To lead the market, you must also look beyond your organisation — past peers and competitors into adjacent industries where skills transfer.
That’s the point of a TAPS engine: Talent, Agility, Planning & Succession. A centre that runs on better signals than a quarterly report and greater cadence than an annual review. Treat leadership succession like a product; designed, iterated and scaled.
AI won’t replace judgment; it concentrates it where it counts. Emerging agentic AI (semi‑autonomous software agents) combines multimodal evidence - trajectory signals, cross‑market exposure, regulatory context and learning velocity - to surface weak signals that CVs and annual reviews often miss. Human–machine collaboration is shifting from static dashboards to virtual co‑workers capable of planning and executing multi‑step workflows, allowing leaders to make decisions sooner with richer context.5,6
Start with the three to five strategic talent missions driving value in the next 12–24 months (e.g. platform P&L scaling, AI transformation, multi‑market go‑to‑market (GTM)). Define the capabilities those missions demand and use the WEF 20252 skills outlook as external guardrails.
Blend internal data (scope, outcomes, development velocity) with external markers (listed‑market experience, M&A exposure, international roles, socio‑cultural range, public thought leadership). Treat it as a living dataset, refreshed quarterly, so you’re detecting movement — not taking snapshots.
Ask a pointed question:
Who could credibly step into X role within 6–9 months — including outside your organisation?
Then:
Convert findings into targeted actions: cross‑functional rotations, external benches for critical gaps and micro‑apprenticeships with measurable learning velocity. Continuous, capability‑led development outperforms one‑off programmes and builds resilience as skills shift.
Log variables, weights and decisions; maintain bias checks; require human sign‑offs. This satisfies regulators and accelerates trust across the CHRO, CFO and the board.
A simple next step
If this resonates and you want to see the mechanics in practice, ask for the Succession Foresight Kit — a short, practical bundle with the two‑week sprint runbook, a signals checklist and a governance template you can adapt in‑house. Built for busy boards and exec teams: no fluff, just the working mechanics.