Business And Markets

Pivotal Role of Succession Planning

Pivotal Role of Succession PlanningPivotal Role of Succession Planning

Chairman of the Tehran Young Entrepreneurs Association says management weaknesses and ignoring talented youth are two key maladies the nation is facing. 
Ali Mohammadi Tat said due to the long-neglected issue of succession planning in managerial jobs, the country is grappling with a chronic shortage of professional managers and successors, which is a serious threat to economic sectors. 
Mohammadi Tat told the Financial Tribune that people who have special skills can play an influential role in managerial positions, criticizing that succession planning as one of the building blocks of human resource management that has been widely neglected.


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