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What is Succession Planning?

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Mehra

Mehra has 13 years of experience and is a trained employee.

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Training Employee

Mehra decided to train the new employee & teach him the basics.

Succession Planning

It involves shadowing the person who is already in a leadership position and following in his footsteps. 

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Succession planning leads to transfer of knowledge.

Succession Planning

It also helps in long-term planning

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What is Motivation?

Cost of Hiring New Employee