Antonio Conte is set to take over when his contract with Italy expires after this summer's European Championships in France.
The current interim boss met briefly with Conte on Tuesday when the Italian visited the club's training ground.
And Hiddink has kept the door open to meet with his replacement before he assumes control but understands that Conte may want to start the job with a blank slate.
Hiddink said: “I told him that he is welcome to talk before it was announced I said I like transparency and if one likes to have information going into a new situation I'm happy to give information going into a new situation.
"But also when you start a new job you don't want too much because you want to make your own decisions. I might obstruct ideas of players or managers and I don't want to do that.”
Watch our profile of new Chelsea manager Antonio Conte:
Although Hiddink is heading towards the Stamford Bridge exit, he has reiterated on several occasions that he would be happy to stay on with the Blues in a behind-the-scenes role.
Chelsea have already seen the positive impact that Hiddink has had on the youth setup at Chelsea with the impressive emergence of Betrand Traore.
And the 69-year-old ideally would like to continue his involvement with Chelsea's development squad, putting his wealth of experience to good use.
He said: “I will be engaged not formally with this club but what I can do with my experience and energy is help young people and that will be initiated by some people in the club.
“I love working with young players when they knock on the door in a healthy and open approach and you have to put an established player on the side and they think someone is taking my position so I have to react. It benefits both.”