Succession Planning

Succession Planning

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Term2.png SUCCESSION PLANNING
Process of preparing to hand over control systematically and deliberately preparing for future changes of leadership in key positions. The process may identify potential replacements and provide strategies for developing and/or hiring individuals to meet future needs. [1]



References

  1. sbinfocanada.about.com (17 July 2008), www.pewcenteronthestates.org(17 July 2008)