Succession planning
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Definition
Succession planning is A methodology for identifying and developing employees to ensure that key organizational positions can be filled with qualified internal candidates, in advance of actual need, and to assist in managing diversity and workforce planning. It is also defined as a systematic approach by an organization to safeguard leadership permanence in crucial positions, intellect retention and development, knowledge capital for the future and to encourage individual progression.
Source: Comparative Analysis of Methods and Tools for Nuclear Knowledge Preservation
