Final answer:
Succession planning provides management with trained replacements in the event an employee becomes ill or leaves the company.
Step-by-step explanation:
Succession planning provides management with trained replacements in the event an employee becomes ill or leaves the company. It is a process that involves identifying and developing potential future leaders within the organization. Succession planning ensures that there is a pool of qualified individuals who can step into key roles when needed, reducing the impact of turnover and maintaining continuity of operations.