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Refer to the information provided in Table 7.6 below to answer the questions that follow.
Table 7.6
-Refer to Table 7.6. If 2015 is the base year, the inflation rate between 2014 and 2015 is
Succession Management
This is a strategic process of identifying and developing internal talent with the potential to fill key leadership positions in an organization to ensure continuity and long-term performance.
Transition Risk
The risk associated with changes within a business that can lead to uncertain outcomes and impact business performance.
Talent Pipeline
A strategic approach to identifying, developing, and maintaining a continuous supply of individuals suited for current and future organizational roles.
Critical Roles
Key positions within an organization that are essential to achieving its business goals and maintaining operations.
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