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When it comes to succession planning, theres a lot of jargon and technical language that gets tossed around. Today were going to clarify the difference between two related constructs, succession planning and replacement hiring. There are four important contrasts to consider when comparing succession planning to replacement hiring. The first area of contrast is planning. In replacement hiring, the focus is on the short-term. A vacancy arises, either due to a retirement or a sudden exit, and a replacement needs to be found in short order. Because of this near term focus, replacement hiring generally results in a long learning curve for the new hire. On the other hand, succession planning is a long-term process, with detailed steps outlined at every stage. The goal in succession planning is to build a pool of talented, reliable candidates before theyre ever needed. Next up, we can compare replacement hiring and succession planning on integration with other organizational policies. Rep