A succession planning is a process that helps to ensure that personnel are recruited and developed to fill key roles. for is, this means it is important for addition of effective human capital.
It refers to the structured human resources process that sets the stage for a strong leadership transition. It is also a proactive approach to ensuring continuity of leadership at the highest and most critical level of administration in an organization.
In essence, it is a process that helps to ensure that personnel are recruited and developed to fill key roles.
Therefore, as succession planning involves preparing a single, designated successor, it is important for addition of effective human capital.
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