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What should be the outcomes of the succession planning process?
Differentiated Needs
Distinct and specific requirements of customers or markets that businesses aim to fulfill with customized products or services.
Customizing Products
The process of modifying or tailoring products and services to meet specific customer preferences or requirements.
Human Capital
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to organizations.
Strategic Objectives
Long-term goals that an organization seeks to achieve to fulfill its mission and vision.
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