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5) What is succession planning? What are its benefits? How can an organization use this concept to help ensure the future of their companies?

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5) What is succession planning? What are its benefits? How can an organization use this concept to help ensure the future of their companies?

Succession planning means preparing systematically for future changes in key positions in an organization. It is undertaken to make certain that the effective performance of a firm continues by developing and placing in key positions overtime. Succession planning is a part of workforce planning. Succession planning is ...

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