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What is Replacement Planning

Encyclopedia of E-Business Development and Management in the Global Economy
this is the minimal succession approach in which successors (i.e replacements) are identified at the top managerial levels, but there is little or no development of those successors other than ad-hoc on the job experience.
Published in Chapter:
Managerial Succession and E-Business
Anthonia Adenike Adeniji (Covenant University, Nigeria)
DOI: 10.4018/978-1-61520-611-7.ch055
Abstract
There have been several studies on managerial succession otherwise known as succession planning but greater percentage of them focused on succession planning as related to family owned small to medium sized enterprises (SME’s), government establishments, effects of succession planning on performance and profitability of a business organization, CEOs perspectives on planning for succession, family business and succession planning to mention just a few (Motwani,et al 2006,Brown 2007, Dunemann & Barreff, 2004).
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