succession planning

Popular Terms
Identification and development of potential successors for key positions in an organization, through a systematic evaluation process and training. Unlike replacement planning (which grades an individual solely on the basis of his or her past performance) succession planning is largely predictive in judging an individual for a position he or she might never have been in.

Use 'succession planning' in a Sentence

To fully maximize your time and resources you should be good at succession planning to get the most out of both.
20 people found this helpful
Our company had some ideas for succession planning that would allow many of the younger people to have leadership roles to ensure a profitable future.
18 people found this helpful
Being able to quickly identify new trends will help you in your succession planning for your new projects and ventures.
16 people found this helpful

Email Print Embed