A critical part of any successful succession plan is a comprehensive _______________ plan.

Question

Quizplus · Accepted Answer

A comprehensive retention plan is necessary to identify and develop key employees within the organization who have the potential to be future leaders. This plan should include strategies for employee development, career advancement, and competitive compensation to retain talent. While a compensation plan and a recovery plan may be important components of a succession plan, they are not comprehensive enough on their own to ensure a smooth transition of leadership.

A Critical Part of Any Successful Succession Plan Is a Comprehensive