Succession planning is the process of identifying and developing potential future leaders within an organization to ensure the continuity of critical roles. It involves recognizing internal employees who merit career advancement and training them to assume key positions. Succession planning is important for the success of an organization as it reduces risk and disruption, ensures business continuity, and helps in preparing for the future based on different scenarios
. It is a strategy for identifying and developing future leaders at a company, not just at the top, but for major roles at all levels
