How Does Succession Planning Differ from Replacement Planning

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The Answer is Succession planning is the process of preparing for the inevitable vacancies in the organization hierarchy. It involves more than simply replacement planning. Replacement planning usually involves creating a list of temporary replacements for important jobs, especially during crisis situations. Succession planning should include a well-designed development system for employees since it takes an average of two to three years to develop a qualified successor.

How Does Succession Planning Differ from Replacement Planning

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How Does Succession Planning Differ from Replacement Planning

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