Employee Succession plan – Planning Software | BullseyeEngagement

Succession planning is a critical strategy for organizations to ensure a smooth transition of leadership and maintain continuity. At its core, succession planning is about identifying and developing talented individuals within an organization who can step into key roles when needed, whether due to retirement, promotion, or unforeseen circumstances.One of the primary benefits of succession planning is the preservation of institutional knowledge. When experienced leaders retire or move on, they take with them a wealth of knowledge and expertise.