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Strategic Business Unit (SBU)and Holding Company Structures Result from Extensive

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Strategic business unit (SBU) and holding company structures result from extensive


Definitions:

Retention

Strategies and practices aimed at keeping employees satisfied and engaged to reduce turnover and keep valuable talent within an organization.

Succession Management

A method for spotting and grooming future leaders to succeed current ones upon their departure, retirement, or demise.

External Candidates

Individuals applying for a position within an organization who are not currently employed by the organization in any capacity.

Internal Candidates

Employees from within the organization considered for new positions or promotions as opposed to hiring externally.

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