Business Succession Planning
- ISBN-10
- 1640083480
- ISBN-13
- 9781640083486
- Category
- Business & Economics
- Pages
- 70
- Language
- English
- Published
- 2017-07-05
- Publisher
- Mohammad Aljeemaz
- Author
- Mohammad Aljeemaz
Description
Business succession planning is an ongoing process that identifies necessary competencies, then works to assess, develop, and retain a talent pool of employees, in order to ensure a continuity of leadership for all critical positions. Succession planning is a specific strategy, which spells out the particular steps to be followed to achieve the mission, goals, and initiatives identified in workforce planning. It is a plan that managers can follow, implement, and customize to meet the needs of their organization.
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