Advise an employer on the steps to be taken in establishing and sustaining a succession plan.
Advise an employer on the steps to be taken in establishing and sustaining a succession plan.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
Advise an employer on the steps to be taken in establishing and sustaining a succession plan.
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Step 1
Succession planning is a method and plan for replacement outlining or filling on leadership positions. It is practiced to recognize and grow new, possible leaders who can go into leadership functions when they shift idle.
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