Definition
Succession planning is a process for identifying and developing potential future leaders or key employees within an organisation to fill critical positions.
Why it matters (in Poovi’s context)
The lack of growth opportunities for Akshata is attributed to strong succession planning, illustrating its impact on individual career progression.
Key properties or components
- Talent Management
- Leadership Development
- Career Pathing
- Employee Retention
Contradictions or debates
None.