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Succession Management
A strategic process of identifying and developing potential future leaders or senior managers to fill key positions within an organization when they become vacant.
Replacement Planning
The process of identifying and developing new leaders or employees who can replace old leaders when they leave or retire.
Time Horizon
The fixed point of time in the future at which certain processes or events are anticipated to occur or be completed.
Succession Management
A targeted approach to identifying and fostering the development of internal talent to ensure continuity in critical organizational roles.
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