The typical workforce today is diverse culturally and in terms of generations, meaning employee development needs new dimensions that embrace the diversity. In a globalized workforce, it is a strategy for ensuring a succession pipeline is filled with the right people for business sustainability.
— By Betty Armstrong

Succession planning is a strategy for developing employees who can move into critical positions when necessary. It applies to more than leadership roles because each organization has key positions that would create a huge gap in organizational competencies should they be vacant for any period of time. The importance of developing employees ....