Beau-TieBow tie template

Key person dependency

Loss of an individual critical to operations or customer relationships.

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Key person dependency: 4 causes and 4 consequences either side of the risk event, with 18 controls positioned along the pathways. Everything below repeats this in text.

The risk event

Unplanned departure of a person critical to operations

An individual whose knowledge or relationships are disproportionately important leaves with little notice.

What could cause it, and what stops it

The left-hand side. Each cause is a plausible pathway to the event; the controls beneath it are the barriers that reduce the chance of that pathway completing.

Resignation / better offer

Voluntary departure to a competing employer.

  • Retention bonusesPreventive · Limited

    Time-bound retention compensation for critical roles.

  • Market salary benchmarkingPreventive · Effective

    Annual benchmarking of critical-role compensation.

Health or personal emergency

Sudden inability to work due to health or family circumstances.

  • Cross-trainingPreventive · Limited

    Documented backups for each critical role.

  • Succession plansPreventive · Limited

    Named successor with development plan in place.

Burnout

Sustained workload pressure leads to disengagement and departure.

  • Workload monitoringDetective · Limited

    Manager check-ins on workload and capacity.

  • Mental health supportPreventive · Effective

    EAP and on-demand counselling.

  • Sabbatical policyPreventive · Planned · 6 to 12 months

    Formal sabbatical option after tenure threshold.

Internal disagreement

Conflict over direction or recognition prompts departure.

  • Skip-level 1:1sDetective · Limited

    Regular skip-level conversations with leadership.

  • Exit interview learningsDetective · Limited

    Trended exit feedback acted on by leadership.

What happens if it occurs, and what limits it

The right-hand side. Each consequence is an outcome the event could produce; the controls beneath it are what contains or recovers from that outcome once the event has already happened.

Loss of institutional knowledge

Tacit knowledge held by the departing person is unrecoverable.

  • Documentation standardsPreventive · Limited

    Required documentation for critical processes.

  • Knowledge management systemPreventive · Limited

    Searchable corpus of how-to and decision records.

  • Recorded handoversCorrective · Planned · 0 to 3 months

    Mandatory recorded knowledge transfer on departure.

Project delays

Critical projects slip while a replacement is found and ramped.

  • Project resource matrixDetective · Limited

    Visibility of single-points-of-failure across the portfolio.

  • Contractor backup planCorrective · Limited

    Pre-vetted contractors for critical roles.

Team morale impact

Departure shakes confidence and triggers further attrition.

  • Transition commsCorrective · Effective

    Open communication on the transition plan.

  • Team support programCorrective · Limited

    Manager coaching on supporting the team through change.

Customer relationship gaps

Customer relationships anchored on the individual weaken.

  • Account team coveragePreventive · Limited

    Multi-person account teams on key relationships.

  • Relationship handover protocolCorrective · Limited

    Structured handover playbook for key accounts.

Where this template starts you

Ratings are a starting position, not a finding. They describe a generic organisation with the controls above in place; yours will differ, and the point of opening the template is to make them yours.

Residual
Moderate
Likelihood 3 · Consequence 3
Target
Low
Likelihood 2 · Consequence 2

Make it yours

Opening the template loads it into the editor with everything above already in place. Rename the event, cut the causes that do not apply, and re-rate against your own matrix. Exports to PNG, PDF, Excel and PowerPoint are built in.