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Succession planning

Building a leadership pipeline

Succession planning is a process and strategy for ensuring the continuity of key management positions within an organisation by identifying and nurturing talented individuals to assume such positions when they become vacant. It is a continuous process of identifying likely substitutes for key positions, assessing their potential to assume such positions and bridging existing talent gaps by developing a program to address any skills deficiencies. This process is key to all businesses, regardless of their shape and size.

Ideally, the succession planning process in organisations is people-focused. It should take into account employee motivations, experiences and emotions while keeping in mind the corporate needs of the organisation and real-world data.