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succession planning  

Definition

  • Succession planning refers to an effort by organizations to select and develop future leaders who are prepared to replace current leaders. As such, a literature search will typically include articles that refer to analogous terms, such as the following: Replacement planning—to plan who will replace which key leaders in the firm High potential management—to select and develop persons who have the potential to replace the top 50 to 150 leaders Management and leadership—to put in place programs that develop future development leaders, not only for specific positions but, also, as a general talent pool. [Source: Encyclopedia of Career Development; Succession Planning]

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https://concepts.sagepub.com/social-science/concept/succession_planning

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