Succession Planning

Updated:

11/12/24

Succession planning is the process of identifying and developing internal employees with the potential to fill key leadership roles within an organization when they become vacant. This proactive strategy ensures that the company has a pipeline of qualified candidates ready to step into critical positions, minimizing disruptions and maintaining continuity in leadership. Succession planning involves assessing employees' skills, potential, and career aspirations, providing them with the necessary training and development opportunities.

Succession planning is the process of identifying and developing internal employees with the potential to fill key leadership roles within an organization when they become vacant. This proactive strategy ensures that the company has a pipeline of qualified candidates ready to step into critical positions, minimizing disruptions and maintaining continuity in leadership. Succession planning involves assessing employees' skills, potential, and career aspirations, providing them with the necessary training and development opportunities.

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