Identify a true statement about succession planning.
A) It discourages the practice of making status-blind employment decisions.
B) Looking both internally and externally for potential candidates should be avoided during succession planning.
C) Long-term succession planning should exclusively include the CEO and top-level executives.
D) It provides career opportunities and plans for individuals, which helps retention and performance.

Question

Quizplus · Accepted Answer

Succession planning provides career opportunities and plans for individuals, which in turn helps in retaining and improving their performance by giving them a sense of direction and purpose. Option A is incorrect as succession planning focuses on identifying and developing employees based on their potential and talent rather than their status. Option B is incorrect as both internal and external potential candidates should be considered during succession planning. Option C is also incorrect as long-term succession planning should include other critical positions as well, apart from the CEO and top-level executives.

Identify a True Statement About Succession Planning