Succession planning software helps organizations create and manage succession plans to identify and retain top talent. It provides HR professionals with tools to track employees' career goals, nurture internal talent, and promote from within, which can reduce the costs associated with recruiting new talent. It's important to note that succession planning software is distinct from career management software, which focuses on helping employees develop their skills and set career objectives. These talent management solutions can be beneficial across all industries, company sizes, and departments. Succession planning software is frequently included as part of a broader human capital management system or can integrate with performance management software.
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