What succession planning means in the new reality Save article Remove saved article

Discussions about the topic of succession planning have historically followed a traditional approach with the primary focus on management. The reality being that the level of intensity/scrutiny respecting succession planning increases with each successive layer as you ascend the corporate ladder. And, there is a common misconception that succession planning amounts to exclusive consideration of internal candidates.

Few will debate the importance of a solid and reliable senior management team being critical to any organization.