Succession planning must be agile to close leadership capability gaps and avoid costly disruptions, yet only 38% of CHROs feel confident in their plans. Gartner highlights five best practices: prioritize business-critical roles over hierarchy, co-create future-ready capability blueprints, broaden successor pools across functions, hold business leaders accountable for development, and foster open career conversations to boost readiness and retention. Effective succession planning ensures continuity, stability, and growth by preparing diverse internal talent, aligning with strategic goals, and keeping plans dynamic through regular reviews and transparent communication.

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