Succession planning is the process of identifying, developing, and positioning employees to fill key roles within an organization. It is a critical component of any human resources (HR) strategy, as it helps to ensure that the organization has the right people in the right roles to achieve its goals. There are many benefits to succession planning, including: Increased organizational resilience: By having a plan in place for replacing key employees, organizations can reduce the risk of disruption caused by unexpected departures. Improved employee morale: Employees who know that they are being considered for future opportunities are more likely to be…