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date: 05 August 2020

Abstract and Keywords

From an organizational viewpoint, strategic career-development and succession-planning programs can help organizations keep valued employees, especially older ones, and reduce HR costs by developing existing workers rather than hiring new ones. They can also help organizations adapt more nimbly to changing circumstances by preserving accumulated expertise and experience while continuously refreshing skills.

Keywords: careers, career development, strategic career development, human resource management, succession planning, employability, continuous learning

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