What is Succession Planning? Benefits, Process & Meaning - HRMantra
Minutes: 1-2
It is a process for developing and identifying leaders that can replace the current leaders when they leave, die or retire. The planning methodology increases the availability of able and experienced employees so that they can take up these roles as and when they get vacant.
This planning plays a very crucial role in identifying the employees who have the skills or the potential to move up in the organisation.
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