Beyond the Corner Office: Holistic Approaches to Succession Planning
N2Growth Blog
APRIL 30, 2024
Understanding the Importance of Succession Planning Succession planning is crucial to any organization’s growth strategy, and its importance cannot be overstated. This process helps organizations align their current and future business goals, promotes employee career development, and ensures smooth leadership transitions. A well-executed plan can minimize the risks of abrupt departures or retirements, thereby maintaining business continuity and preserving institutional knowledge.
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