Overview: Think about the leaders in your organization. How many of them have been in their positions many years and have a wealth of knowledge about your business? How many of them will be retiring or leaving the organization in the near future? How many of them have someone to fill their shoes when they leave? Organizations need to develop and prepare their managers to be ready to take on the leadership roles of the future. Succession management helps you do just that.
Taking the Reins - Successful Succession Planning