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Succession planning is not a silo. Companies of all sizes and in all industries must reevaluate how succession planning fits within their enterprises. In order to take advantage of new opportunities, avoid the looming talent crisis, and mitigate the risk of untimely departures, companies must extend succession planning across their organizations and fully integrate succession planning into their broader talent ecosystems. This can best be achieved by leveraging a single, integrated HCM platform coupled with a strong focus on process and strategy.
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