What does succession planning mean?

Definitions for succession planning
suc·ces·sion plan·ning

Here are all the possible meanings and translations of the word succession planning.


Did you actually mean sniveling or swine influenza?

Freebase

  1. Succession planning

    Succession planning is a process for identifying and developing internal people with the potential to fill key business leadership positions in the company. Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they become available. Taken narrowly, "replacement planning" for key roles is the heart of succession planning. Effective succession or talent-pool management concerns itself with building a series of feeder groups up and down the entire leadership pipeline or progression. In contrast, replacement planning is focused narrowly on identifying specific back-up candidates for given senior management positions. For the most part position-driven replacement planning is a forecast, which research indicates does not have substantial impact on outcomes. Fundamental to the succession-management process is an underlying philosophy that argues that top talent in the corporation must be managed for the greater good of the enterprise. Merck and other companies argue that a "talent mindset" must be part of the leadership culture for these practices to be effective.

How to pronounce succession planning?

How to say succession planning in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of succession planning in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of succession planning in Pythagorean Numerology is: 7

Examples of succession planning in a Sentence

  1. Charles Elson:

    You want someone independent to be in charge of succession planning, given the fact it's a dual-class company, though, it doesn't really matter because no matter what happens, he and his family remain in control.

  2. Mark McLaughlin:

    Over the course of several quarters, I have been discussing succession planning with the Board and I couldn't be more pleased that we have found a leader in Nikesh.

  3. Douglas Groh:

    The industry is not good at succession planning. It is more in the moment.

Images & Illustrations of succession planning

  1. succession planningsuccession planningsuccession planningsuccession planningsuccession planning

Translation

Find a translation for the succession planning definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Discuss these succession planning definitions with the community:

0 Comments

    Citation

    Use the citation below to add this definition to your bibliography:

    Style:MLAChicagoAPA

    "succession planning." Definitions.net. STANDS4 LLC, 2021. Web. 3 Dec. 2021. <https://www.definitions.net/definition/succession+planning>.

    Are we missing a good definition for succession planning? Don't keep it to yourself...

    Browse Definitions.net

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Quiz

    Are you a words master?

    »
    transmitting light; able to be seen through with clarity
    • A. urban
    • B. obnoxious
    • C. disjointed
    • D. transparent

    Nearby & related entries:

    Alternative searches for succession planning: