MHR 849 Lecture 8: Chapter 8
Document Summary
Process of ensuring that pools of skilled employees are trained and available to meet the objectives of the organization. Can be part of the talent management process. Identify employees who have the potential to assume key positions in the organization and preparing them for these positions. Ensures continuity in leadership, develops the next generation of players. Replacement planning finding replacement employees for key managerial positions starting point is the job where as for succession management it is the strategy. Help individuals realize career goals within organization. Links replacement planning and management development, 5 steps: align succession management plans with strategy. Organizations must start with the business plan and strategies. Using environment scanning managers try to predict where the organization will be in three, five, or ten years. 2 approaches to identifying characteristics of successful managers. Focus on duties, skills, job experience, and responsibilities required to perform the job.