Substitution Reactions are those reactions in which one nucleophile replaces another nucleophile present on a substrate. These reactions can take place via two different mechanism i.e SN¹ or SN². In SN¹ substitution reactions the leaving group leaves first forming a carbocation and nucleophile attacks carbocation in the second step. While in SN² reactions the addition of Nucleophile and leaving of leaving group take place simultaneously.
 
Example:
 OH⁻ + CH₃-Br → CH₃-OH + Br⁻
In above reaction,
  OH⁻  = Incoming Nucleophile
 CH₃-Br  = Substrate
 CH₃-OH  = Product
  Br⁻  = Leaving group
Organic reactions are typically slower than ionic reactions because in organic compounds the covalent bonds are first broken, this breaking of bonds is a slower step, while, in ionic compounds no bond breakage is required as it consists of ions, so only bond formation takes place which is a quicker and fast step.