Effective Strategies for Succession Human Resources Planning
Succession planning is a managerial function that identifies and forecasts trends such as employees retirement, resignation, promotion, re-deployment to new activities, or transfer to newly created lateral positions. HR managers must plan ahead to fill the position gaps created to ensure a continuity of leadership for all critical positions in order to achieve the goals of the organization. Succession planning starts from the recruitment of the right kind of employees based on a specific criteria, to the development of their skills and talent, to coaching and preparing them for advancement while retaining them with motivational incentives and job fulfilment strategies to ensure a return on the organization’s training investment. In this course, HR personnel will learn strategies for effective and reliable succession planning.