Succession planning is a process that identifies and develops internal employees who have the potential to fill important leadership roles in the future. It helps to ensure experienced and capable employees are prepared to take on key positions when they become available. Succession planning involves systematically evaluating potential successors for positions and providing training to develop them, even if they may never occupy that specific role. There are different types of succession plans that prepare for emergency situations, planned departures, or strategic long-term leadership development.

1. Topic : Succession Planning

3. MEANING OF SUCCESSION PLANNING
Succession planning is a process for identifying
and developing internal people with the potential
to fill key business leadership positions in the
company. Succession planning increases the
availability of experienced and capable employees
that are prepared to assume these roles as they
become available.

4. DEFINITION OF SUCCESSION PLANNING
Identification and development of potential
successors for key positions in an organization,
through a systematic evaluation process and
training. Unlike replacement planning succession
planning is largely predictive in judging an
individual for a position he or she might never
have been in.

5. Types of Succession Plans
•Emergency Succession
•Departure Defined Succession
• Strategic Leader Development

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