Types of Succession Planning

Succession Planning Meaning, Characteristics, Objectives

Succession planning is a process by which one or more successors are identified for key posts (or groups of similar key posts) and career moves and/or development activities are planned for these successors. Successors may be fairly ready to do the job (short-term successors) or seans as having longer-term potential (long-term successors).

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Nature of Financial Management