Meaning of Succession Management in Organization

In the age of competition, the success of an organization depends upon many factors . One such important factor is succession planning and management. It is the practice of planning, developing and creating a pool of executives who can take the top leadership profiles of the organization. Career management, retention of employees, and talent management … Continue reading Meaning of Succession Management in Organization

Succession Planning And Its Consequences Towards Corporate Performance

In the age of severe competitive market conditions, stress at corporate level performance and challenges of corporate governance models, successful establishment of corporate succession planning ( CSP) might provide organizations a better edge against competitors. When a top level executive leaves the organization then there are many challenges and factors works within organizational work environment. … Continue reading Succession Planning And Its Consequences Towards Corporate Performance