Succession Planning: The Importance of Succession Planning

Succession planning is a process for identifying and developing new leaders who can replace the leaders that retire or otherwise leave their position. When implemented correctly, succession planning will ensure a smooth transition from one leader to the next, keeping the organization moving forward, without people having to scramble to pick up the pieces when leadership changes. In this course, we'll talk about why this matters, how it impacts companies, and what you can do to start preparing to fill potentially vacant vital leadership positions.