Everything You Need to Know About Succession Planning
Whether your organization is large or small, a start-up or an established entity, employees will come and go. When someone leaves your business, it’s important to retain all the knowledge they accrued over time and to plan for someone else to be able to step into their role. This is called succession planning, and it’s integral to preventing knowledge loss and maintaining normal business operations in the face of employee turnover.
If you don’t have a succession plan in place just yet, read on to learn about the steps you should take to develop a plan and ensure its success.
