M.P.H.M GUNAWARDANA Succession Plann ing: Identifying and Developing Future Leaders Succession planning can be taken as a strategic process that ensures leadership continuity and long-term organizational success. By identifying and developing future leaders, organizations can decrease disruptions and maintain operational stability. In this blog, explore three key com ponents of succession planning; such as identifying high-potential talent, developing leadership skills, and aligning succession planning with overall business strategy. 1. Identifying High-Potential Talent I dentifying empl oyees with leadership potential is the first step in succession planning. O rganizations need to move beyond relying on subjective assessments and use more data-driven approaches, such as 360-degree feedback , psychometric tests , and performance evaluations (Cappelli, 2018); can be used to do this efficiently. These methods ...