Why would an organization want to conduct succession planning?
A)It provides for business continuity and future direction during inevitable change.
B)It supports employee resiliency and career development.
C)It is costly and time-consuming but increases employee commitment and motivation.
D)It is costly and time-consuming but increases organizational efficiency and productivity.

Question

Quizplus · Accepted Answer

Succession planning helps ensure that an organization has a plan in place for identified key positions in case of unexpected departures or retirements. This allows for continuity in business operations and future direction during inevitable changes, such as leadership transitions. This can also help retain key talent, as employees see opportunities for career growth and development. While succession planning may take some time and resources upfront, it can ultimately save the organization time and money by reducing the impact of disruptions and ensuring smooth transitions.

Why Would an Organization Want to Conduct Succession Planning