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

Question

Quizplus · Accepted Answer

Succession planning is important for ensuring that an organization has a plan in place for when key employees retire, move on, or are suddenly unavailable. This helps ensure business continuity and future direction during change. It also helps identify and develop high-performing employees for future leadership roles. While it may require some investment of time and resources, it can ultimately save an organization from disruption and instability. Option B, C, and D are not the best choice as they do not provide a comprehensive explanation of the importance of succession planning.

Why Would an Organization Want to Conduct Succession Planning