GENERAL KNOWLEDGE

GK

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Management succession planning is sometimes called as:
A
Management hierarchy
B
Executive succession
C
Fibonacci sequence
D
None of the above.
Explanation: 

Detailed explanation-1: -While succession planning centers on identifying and grooming select individuals for specific roles, succession management is focused on building a robust leadership map and developing talent benches for key positions.

Detailed explanation-2: -What is succession management? Succession management is a systematic approach to identifying, selecting, and developing key employees and talented new hires to assume critical roles and prepare the organization for the future. This practice ensures that skilled and engaged people fill key leadership roles.

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