Change is a hallmark of today’s business world. Our workforce is constantly changing – people come and go and move into new roles within the company. Succession planning can help you make the most of that change by ensuring that when someone leaves, there is someone new to take their place. This content will help you teach the basics about creating and maintaining a succession plan. Learning Outcomes:
Demonstrate an understanding of the value of succession planning for successful businesses.
Demonstrate expertise with the key elements of a succession plan.
Create and discuss aspects of a succession plan.
Discuss the elements of a succession plan in terms of roles, responsibility, function, scope, and evaluation.