Don’t Wait Until it’s Too Late: The Importance of Succession Planning

Don’t Wait Until it’s Too Late: The Importance of Succession Planning

Friday, 21 April 2023, 4:38 pm IST

Don't Wait Until it's Too Late: The Importance of Succession Planning

The importance of succession planning, the approach of an organization, identifying potential candidates for critical roles, and implementing challenges are some of the key aspects of succession planning.

Highlights

  • The organization gives importance to the positions that provide well-rounded exposure to an individual and help develop leadership bench strength.
  • From a talent development lens, it is a proactive process to identify and groom high-potential employees and prepare them for future leadership roles.
  • Engagement: Critical positions require people with a higher degree of commitment and accountability.

Share this post