When properly orchestrated, succession planning positions organizations and employees for long-term success. This is the process you need to follow.
NASBA Field of Study
Business Management and Organization
Sooner or later, everyone leaves their organization. That's just the nature of work. Too often, though, when a critical leader retires or moves on there's no one ready to step in and replace them.
This lack of planning hurts those individuals forced to sink or swim in new roles. It's also bad from an organizational perspective — why risk having an untrained person responsible for leading any part of the business? Even the best and the brightest at your organization will perform far better if they're prepared for a promotion instead of blindsided by it.
Succession planning sets your organization and employees up for success by preparing for the inevitable. Learn how to do it right.
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