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Succession Management enables organizations to retain their talent, identify talent gaps, and create succession plans by nominating employees to positions aligned with expertise and career aspirations. As turnover or natural attrition occurs, successors are identified via the Add Successors feature to quickly fill key positions and decrease any stress involved in replacement staffing.
Common Succession Management goals include:
Identifying candidates for key positions
Improving accuracy of staffing decisions
Filling positions rapidly
Accelerating employee development
Increasing employee engagement
Retaining or promoting key talent
Collaborating across functions and families
Creating talent pools