___________a formal process in which top executives regularly review all managers at or above a certain hierarchical level, looking at both performance and potential, and devise developmental plans for their most promising individuals.

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Succession planning is a strategic process used by organizations to ensure that they have a continuous supply of skilled and prepared individuals ready to fill key positions as they become available. This involves assessing and developing the organization's talent pool, especially for critical roles, to ensure leadership continuity and organizational stability.

___________A Formal Process in Which Top Executives Regularly Review All