What Can Human Resources do to Develop a Meaningful Succession Plan?

Content Summary

Change is constant and with many companies lacking the expertise to deal with an evolving business issues such as global competition, changes in technology and the need to reexamine business models are factors that contribute to a very complex work environment. To meet this challenge organizations will often determine that the best way to plan for their future is to create succession plans for key positions throughout the organization. By implementing these three succession plan initiatives companies will ensure that there is no interruption in service, innovation or customer support.

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