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LSUS MHA 702 Ch 10 Questions And Correct Answers
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LSUS MHA 702 Ch 10 Questions And Correct AnswersSuccession Planning
It is important to focus on ___________ for the most senior executive position, a chief
executive officer, (CEO).
managerial positions
Succession planning is useful for other,.
career planning
Succession plans for middle managers are often more accurately described by the
term,.
Succession Planning
Process that prepares a single, designated successor
Career Planning
Process that prepares several candidates for a single position
proactive; continuity
Succession planning is a _______ approach to ensuring _____ of leadership.
5-10 years
A significant proportion of senior organizational leaders are forecast to retire during the
next.
uneasiness; negatively
, When no successor is immediately available, ----- is heightened and may _____ impact
organizational performance.
smoother leadership transitions
Organizations experiencing a succession plan are more likely to have.
to chance
Organizations that don't have succession plans are essentially leaving the development
of their future leaders.
time; effort
Considerable ----- & ----- may be required for outside persons to understand
organizations.
current CEO
The ----- is responsible for initiating succession planning.
Board of Directors
The ----- is ultimately responsible for appointing a successor.
4 years
Experts recommend that succession planning should begin _____ before a CEO is
expected to step down.
HR department; selecting
Ultimately, the ----- will have responsibility for managing the succession planning
process (NOT ----- the new CEO!)
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