S

Succession Planning

Definition

A strategy for identifying and developing future leaders from within the organisation to fill key roles.

Context & Importance

Mitigates risks from sudden exits, supports internal mobility, and preserves business continuity.

Use Cases
  • Identifying potential successors for senior roles
  • Building training plans for leadership readiness
Related Concepts

Leadership pipeline, talent development, workforce continuity.

TankhaPay Relevance

Track skill gaps, align learning plans, and flag successors using career growth and appraisal modules.