Succession Planning refers to the planning for replacement of key positions and the management of talent. This is an activity that will be focused more at headquarter level but will require planning to be done within the factory for key positions. The key to successful succession planning is to establish systems that make it possible for the organisation to move on, as best as possible, when a key individual leaves. This presentation will give in-depth knowledge of the Succession Planning process, and some key examples to ensure that this can be effectively implemented in your organisation.
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