Succession planning is an organizational planning process that ensures continuity of leadership and core staff skills by identifying, developing and replacing key people (in mission-critical positions) over time. It involves making sure that employees are recruited and developed to fill each key role within the company, that they develop their knowledge, skills, and abilities, and are prepared for advancement or promotion into ever more challenging roles.
Heathfield, Susan M. “Succession Planning.” About.com. Online: http://humanresources.about.com/od/glossarys/g/successionplan.htm (Retrieved on August 8, 2014)
Caverley, Natasha, Suzanne Stewart and Blythe C. Shepard, “Through an Aboriginal Lens.” In Blythe C. Shepard and Priya S. Mani (editors). Career Development Practice in Canada: Perspectives, Principles and Professionalism. Toronto: Canadian Education and Research Institute for Counselling (CERIC), 2014, p.327.