Mr. Lee Juan managed all the operating systems for 8-star manufacturing company JingZang. Always reliable and never absent, Mr Juan was indispensable. One day, Juan phoned to say that he had been diagnosed with cancer, had to enter treatment immediately, and did not know when he would return to the office. On the other hand, the president of K&K Banking Corporation, the second-largest bank in the country, had chosen as his successor, the vice-president of finance. however, as the president's retirement date approached, he began to worry that his star employee could no longer handle the stress and long hours of banking. The VP was absent for extended periods as he tried to deal with his son, who was sick due to frequent COVID-19 infections. Scholars argued that succession management could have mitigated the impact on the organizations of any of the above situations. Based on secondary research, explain how could succession management mitigate the seriousness of the consequences. Propose some recommendations (based on secondary rescarch) on how JingZang and K&K Banking Corporation could avoid similar challenges in the future. You must provide academic references and align theoretical support in your arguments.