Succession Planning is the ongoing strategic HR process of identifying, developing, and retaining employees to fill key roles and maintain leadership continuity within an organization.
Succession planning is the organizational process of identifying and developing internal talent to fill critical roles when they become vacant — ensuring leadership and capability continuity without catastrophic dependency on any single individual. It addresses two types of risk: planned transitions (retirements, planned moves) where there is time to prepare replacements, and unplanned transitions (sudden departure, health emergency) where ready-now successors are the only protection against significant organizational disruption. Effective succession planning requires organizational honesty that is politically uncomfortable: most succession discussions produce overly positive assessments of candidate readiness, and the most common failure is a plan full of 'ready in 1 to 2 years' assessments that remain unchanged year after year without the development investments that would actually accelerate readiness.
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