What: |
Succession planning is a method of identifying those internally within your company who are capable to be trained and made ready to be able to step up immediately into higher positions within the company when they become available.
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Why: |
This means that the process of one employee leaving is smoothed as another is readily able to assume that role as they have been properly prepared and trained for this exact purpose.
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How: |
By having mentors assigned to each successor to facilitate the learning, developing and growing process.
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