Asked by Caden Coulson on Jun 23, 2024
Verified
The goal of succession management programs are to identify and prepare future leaders and to ensure business continuity.
Succession Management
The planning and implementation of processes to ensure that an organization has a pipeline of qualified candidates to fill key positions when they become vacant.
Business Continuity
Strategies and processes designed to ensure that a business's essential functions can continue during and after a significant disruption.
Future Leaders
Individuals within an organization or society identified as having the potential to take on significant leadership roles in the coming years.
- Ascertain the overarching intentions and ambitions of succession management, different from those of replacement planning.
Verified Answer
Learning Objectives
- Ascertain the overarching intentions and ambitions of succession management, different from those of replacement planning.
Related questions
The Effective Implementation of Succession Management Has Been Linked to ...
In Reference to Succession Plans,employees Can Trust Organizations to Provide ...
What Is a Traditional Approach to Succession Analysis ...
What Negative Consequence Might Result If There Is a Delay ...
Succession Management Is Needed Even When Retirements and Company Sellouts ...