Succession planning ensures that top-level managerial talent is available.

Question

Quizplus · Accepted Answer

Succession planning involves identifying and developing potential leaders within an organization to ensure that there is a pool of talent available to fill top-level managerial positions in the future. This process helps to ensure continuity and stability in the organization's leadership and minimizes the risk of leadership gaps or talent shortages.

Succession Planning Ensures That Top-Level Managerial Talent Is Available