How are Companies Engaging Employees in the Succession Planning Process, and What are the Potential Benefits or Concerns Related to Increased Transparency?

Abstract

[Excerpt] With today’s movement for a more transparent employee experience in the workplace, it is important that companies engage in succession planning whereby employees are more involved. Employers must be willing to both express an employee’s potential and also work with them to achieve it. The advantages, disadvantages, and consequences of transparency in succession planning are examined. (Note: General research on this topic is limited; strong, explicit international research on succession planning is not available and therefore not provided.)