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MHA 702 Exam 4 Chapters 10-12 Questions and Answers | Latest 2026/27 Update

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MHA 702 Exam 4 Chapters 10-12 Questions and Answers | Latest 2026/27 Update

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MHA 702 Exam 4 Chapters 10-12 Questions and
Answers | Latest 2026/27 Update


Succession planning - ANSWERS -useful for managerial positions (CEO, COO
etc)
-prepares single designated successor
-proactive approach to ensuring continuity of leadership


Career planning - ANSWERS -succession plans for middle managers
-focuses on many particular individuals
-prepares several candidates for a position


intent of succession planning - ANSWERS HR process used to prepare the
organization for a strong leadership transition


How long do senior organizations leaders stay? - ANSWERS Expected to retire
over 5 to 10 years


Organizations without succession plans - ANSWERS Uneasiness is intensified
and negatively affect performance
Leaving development of future leaders to chance


why do healthcare organization benefit more from effective succession plans? -
ANSWERS they are usually complex and known to foster highly political
environments

,CEO is responsible for - ANSWERS Initiating succession planning


Organizations with succession plans - ANSWERS More likely to have smoother
leadership transition


Board of directors is responsible for - ANSWERS Appointing a successor


three factors that motivate succesion planning - ANSWERS 1. presence of CEO
having had previous succession experience
2. having a person within the organization initiate and coordinate effort
3. recognition of benefits of succession plannning to organization


Succession planning should begin - ANSWERS 4 years prior to CEO leaving;
most organizations should begin process within 1 year of hiring a new CEO


HR responsibility - ANSWERS Managing succession planning process


Succession planning saves organizations - ANSWERS -Money
-Executive search fees eliminated
-Maintains leadership continuity when inside person is promoted


Grooming an internal person - ANSWERS -key element of for-profit succession
planning

, Financial gain of Hiring outside of an organization - ANSWERS -requires 6-12
months before financial performance regains the level that existed prior to
replacement


5 principles to succession planning - ANSWERS 1. board-driven, collaborative
process
2. should be a continuing process; successor should be available at any given time
to step in
3. key leadership criteria must be defined; build feedback loop
4. bring leader in and right time; clear exit strategy should be developed
5. once transition has taken place, post succession assessment should be
conducted


A continuous process - ANSWERS -succession planning must be continuous
-successor should always be available
-significant development assignments can be arranged to ensure appropriate
experiences are encountered


Feedback loops - ANSWERS Are critical in succession planning; ensures the
successor is receiving the experiences necessary for professional development


succession planning must include - ANSWERS a process to promote diversity
and multiculturalism


common mistakes of succession planning - ANSWERS - thinking that
succession planning is a single event rather than a process

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