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J Nurs Manag. 2013 Oct;21(7):980-5. doi: 10.1111/jonm.12177. Epub 2013 Sep 23.

Succession planning: a call to action for nurse executives.

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  • 1Premier Health, Dayton, OH, USA.

Abstract

AIM:

To discuss the organisational benefits of strategic succession planning in acute care hospital settings as a responsibility of chief nurse executives.

BACKGROUND:

A formal succession planning process is crucial to the financial and operational viability and sustainability of acute care hospitals. A succession plan is an essential business strategy that promotes effective leadership transition and continuity while maintaining productivity.

EVALUATION:

Nursing and business literature were reviewed; reports contrasting institutions with and without succession plans were examined; and, operational implications were considered.

KEY ISSUES:

It is imperative that chief nurse executives respond to the business benefits of an effective succession planning programme, identify common barriers and solutions, and implement best practices for a successful strategic succession planning programme.

CONCLUSION:

A strategic succession planning programme may offer many benefits to an acute care hospital, including improved retention rates, increased staff engagement and enhanced financial performance.

IMPLICATIONS FOR NURSING MANAGEMENT:

Considering the ageing nursing workforce and the potential increase in demand for nursing services in the near future, nurse executives and other nurse leaders must actively engage in a formal succession planning process. A formal succession planning programme will help to provide strategic leadership continuity, operational effectiveness and improved quality of care.

© 2013 John Wiley & Sons Ltd.

KEYWORDS:

chief nursing officer; leadership; nurse executive; succession planning

PMID:
24063413
[PubMed - indexed for MEDLINE]
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