Developing the top management team and a plan for management succession are important strategic leadership actions.

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Developing a strong top management team and a plan for management succession is important for ensuring the long-term success and sustainability of an organization. This involves identifying and nurturing leadership talent, creating opportunities for professional development, and planning for the eventual transition of key roles within the company. By taking these actions, organizations can ensure that they have the right people in the right positions to drive growth and innovation, both now and in the future.

Developing the Top Management Team and a Plan for Management