Which of the following involves systemically planning for future promotions into top management…

➤ How do companies implement executive succession planning?
Start by identifying critical executive roles and potential internal successors. Use competency models, performance reviews, and leadership assessments to evaluate readiness. Create individualized development plans that include mentoring, stretch assignments, and training. Set timelines, succession readiness metrics, and governance processes. Review and update the plan annually or whenever strategy or structure changes.