Succession Planning

Helen Ekaete Adeniji’s essay on succession planning delves into the strategic implications of preparing for leadership transitions within organizations. It outlines the historical evolution of succession planning, from a reactive approach to a proactive integration with strategic management. The essay discusses the necessity of addressing challenges, implementing best practices, and leveraging case studies to enhance organizational readiness. It emphasizes the critical nature of cultivating a talent pipeline to reduce risks associated with turnover and retirements. Additionally, the paper explores future trends, including technology integration and the importance of diversity in leadership. Ultimately, it asserts that succession planning is not just about filling vacancies but achieving broader organizational goals and maintaining a resilient culture amidst change.