If you haven’t already heard the term ‘succession planning’, then your organization could be jeopardizing its future. Essentially, succession planning is the roadmap to identify and develop talent within an organization for the purpose of ensuring employees are prepared to assume key roles when exis...

What is ‘succession planning’?

Succession planning is a term used to describe a roadmap to identify and develop talent within an organization for the purpose of ensuring internal employees are prepared to assume key roles when existing employees depart. In recent years, many large companies have int...