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Jun 11, 2024 · The term succession planning refers to a business strategy companies use to pass leadership roles down to another employee or group of employees. Succession planning ensures that...
Feb 23, 2022 · Learn what succession planning is. Discover how to create or improve your succession planning process with the best practices and downloadable template.
Learn about succession planning best practices and optimize your organization's succession planning process to nurture new business leaders!
Succession planning is a proactive strategy for identifying and nurturing high-potential employees to fill critical roles when current leaders move to another role, leave the company, are fired, retire or die.
Oct 29, 2021 · Effective succession planning gives you a roadmap that you can follow as your team grows and people move into different positions (whether that’s with your company or elsewhere). Going through the process allows you to feel far more prepared to address role gaps without a frantic scramble.
Contents. Introduction to succession planning ....................................................................................... 3. What is succession planning and why is it important? ............................................................... 3. The risks of not succession planning.
In this article, we review the most salient studies of succession planning and offer context from experts on the process of picking new leaders for organizations.
