Why is Succession Planning a Crucial Component of PM
No matter how positive your working environment and regardless of how
much you invest in employee well-being and work/life satisfaction, some
degree of staff turnover is inevitable.
Implementing a strong system for succession planning is one of
the best ways to future-proof your organization and ensure you are
prepared for any eventuality. Effective performance management is a
critical component of maximizing the ROI of your succession planning
initiatives.