Succession Planning

Succession management is playing an increasingly important role in many local and multinational organizations in Vietnam. The succession planning process involves identifying successors for key positions and then planning career moves or development activities for these individuals. Succession planning ensures that companies have appropriate individuals ready to assume key positions when vacancies—either anticipated or unforeseen—occur. It is recognized that organizations with clear succession management practices and the capabilities to carry them out typically outperform the competition. We are here to help: