The current perspective of Managerial Succession And Organizational Efficacy in Leading Corporation

Abstract

Succession planning involves identifying potential candidates with the help of a talented duo to
change the future. This simple replacement of two or three people can move to the next classification
in the organization chart. Talent Pool, the next candidate for the development of internal and external
candidates, a combination of professions. To analyze the succession plan, the researcher specifically
understood and researched knowledge about the financial sector and developed an effective system of
succession planning. The researcher's sequence includes an evaluation of the feedback factors of the
succession plan. In the financial sector, we analyze the drawbacks to address future development
challenges for future succession planners who plan succession planning systems. The meaning of this
study is between managers and subordinates. Factors also affect performance and rewards, and job
satisfaction is not important.

Keywords: Evaluation, performance, Managerial Succession, Succession planning