What is Succession Planning?

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What is Succession Planning?

Human Resource Management HR Planning

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Asked 3 years ago

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View Profile Prayag
Prayag Answered 3 years ago

Succession planning is a strategy for passing on leadership roles, often the ownership of a company to an employee or group of employees.


Succession planning is a focused process for keeping talent in the pipeline. Succession planning ensures that businesses continue to run smoothly after a company's most essential employees retire and leave the company.

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