You should have an emergency succession plan in place that can deal with the untimely vacancy of a position.
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You should have an emergency succession plan in place that can deal with the untimely vacancy of a position.
Alongside this, you can create detailed forecasts and a longer-term plan. This is necessary to address things like upcoming retirement and promotions.
You will also need to consider how quickly the business can mobilize to fill this position.
A strong succession plan will understand how it will impact the business in 6 months, 1 year, and 5 years.
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