Western Governors University (WGU) HRM5010 C202 Managing Human Capital Practice Exam

The primary goal of succession management within an organization is to prepare employees for future leadership and critical roles. This proactive approach involves identifying and developing potential leaders within the organization to ensure a smooth transition when key positions become vacant due to retirement, promotions, or other departures. By focusing on employee development, organizations can maintain continuity, retain institutional knowledge, and improve overall organizational effectiveness.

This strategy not only nurtures talent but also boosts employee morale and engagement, as individuals recognize that the organization is invested in their professional growth. In contrast, while aspects like employee turnover, training costs, and performance evaluations can be related to human capital management, they do not capture the core purpose of succession management, which is fundamentally about ensuring a pipeline of capable leaders ready to step into critical roles as they arise.