Succession planning for executive level positions is more important than ever before because _______________.

Question

Quizplus · Accepted Answer

With a large number of aging executives approaching retirement, it is important for companies to have a solid succession plan in place to ensure continuity, stability, and a smooth transition of leadership. Without a proper plan, companies may face potential leadership gaps, loss of institutional knowledge, and a decrease in overall performance.

Succession Planning for Executive Level Positions Is More Important Than