What is the process called when determining how to fill executive positions at a company?

The process of determining how to fill executive positions at a company is known as succession planning. This proactive approach involves identifying and developing internal personnel to fill leadership roles in the event that they become vacant due to retirement, resignation, or promotion. Succession planning ensures that there is a pipeline of qualified candidates who are ready to step into key positions, thereby minimizing disruptions and maintaining organizational stability.

Talent acquisition, while important in finding new hires, specifically focuses on the recruitment of candidates rather than the strategic planning of leadership transitions. Job enlargement refers to expanding the scope of a current employee's duties to enhance their role but does not pertain to filling higher-level executive positions. Workforce planning deals with aligning an organization’s human resources with its strategic goals, but it encompasses a broader perspective that includes evaluating the overall staffing needs rather than the specific process of preparing for executive transitions.