ADMS 2600 Lecture Notes - Lecture 3: Swot Analysis, Job Analysis, Succession Planning

• School: York University
• Department: Administrative Studies
• Course: ADMS 2600
• Professor: Michael Mc Garry

Document Summary

Skill inventories: files of personnel education, experience, interests, and skills that allow managers to quickly match job openings with employee backgrounds, current inventory should match what the organization needs, eg. We (cid:374)eed (cid:1009) a(cid:272)(cid:272)ou(cid:374)ta(cid:374)ts a(cid:374)d ha(cid:448)e (cid:1008) that a(cid:396)e (cid:272)e(cid:396)tified do (cid:449)e t(cid:396)ai(cid:374) hi(cid:373) o(cid:396) do hi(cid:396)e a new person. Replacement charts: listings of current jobholders and people who are potential replacements if an opening occurs, list of employees and new hires that can replace them if they leave. Succession planning: the process of identifying, developing, and tracking key individuals for executive positions, promoting from within gives a good reputation and attracts talent, eg. Strategy formulation: moving from simple analysis to devising a coherent course of action. Swot analysis on exam: a comparison of strengths, weaknesses, opportunities, and threats for strategy formulation purposes, using the strengths of the organization to capitalize on opportunities, counteract threats, and alleviate internal weaknesses.