Author(s): Isaac Agba
Succession planning is a proactive strategy aimed at identifying and developing future leaders to ensure organizational stability and growth. This article explores the significance of succession planning in maintaining leadership continuity, enhancing employee development, and mitigating risks associated with sudden leadership changes. We discuss key components and best practices for effective succession planning, including talent assessment, leadership development programs, and continuous evaluation. By implementing a robust succession planning process, organizations can prepare for future challenges, foster a culture of growth, and sustain longterm success.