• Basavaraj S. Tigadi
• Dr.Shivashnakar.K

All organizations have one thing in common. At a certain point, they must deal with shifts of leadership, culture, politics, decision-making, power, and strategies for improvement. Organizations with clearly developed succession plans are the most successful in this transition, regardless of the industry, business model, or type of ownership. Succession planning is a key in the current scenario of tight talent markets and competitive times. Strengthening talent has a direct impact on bottom line results and contributes to organizational growth. Hence development at talent level is a must for overall organizational development. In this dynamic environment, organizations need to rely on the most important assets: their people. Today’s businesses must have the right people in the right jobs at the right times. They cannot afford to be without either enough people or the right people who can quickly fill a key role that could become vacant. Organizations need to strategize to motivate and connect their employees in order to create competitive advantage and achieving higher profitability. Succession planning is a key in the current scenario of tight talent markets and competitive times. Strengthening talent has a direct impact on bottom line results and contributes to organizational growth. Hence development at talent level is a must for overall organizational development.

Culture, Competitive advantage, Leadership, Organizational Growth, Succession Planning, Talent.

"A Conceptual Study on Succession planning: Vital idea for Organizational Success", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.657-675, June 2019, Available :http://www.jetir.org/papers/JETIR1906W86.pdf

"A Conceptual Study on Succession planning: Vital idea for Organizational Success", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp657-675, June 2019, Available at : http://www.jetir.org/papers/JETIR1906W86.pdf