Why is succession planning so important for leaders and organizations as a whole? What should be involved in developing a succession plan?

GLOBAL PERFORMANCE MANAGEMENT WEEK 1

Why is succession planning so important for leaders and organizations as a whole? What should be involved in developing a succession plan?

The paper should be in APA format, Times New Roman, 12-point font, double-spaced. Three references should be used. Additional references may be textbooks or scholarly articles. The paper should be no more than three pages excludichong title and reference pages.