Hello all,
I am sure you all must have heard and read about Succession Planning. I want to know the practical aspects of it. How to start the process in a company where there are 500 employees and how to go about it.
Thanks,
deeps
From India, Mumbai
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I am sure you all must have heard and read about Succession Planning. I want to know the practical aspects of it. How to start the process in a company where there are 500 employees and how to go about it.
Thanks,
deeps
From India, Mumbai
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I am attaching a document by Public Service Agenecy, Canada. They have provided detailed steps that can be adapted to suit ones needs. swati
From India
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3From India
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It begins with identifying the attrition rate. If it's high in a particular department, then target that first.
1. Identify the key positions.
2. Identify the qualities required to fulfill that role.
3. Identify the likely successors, a minimum of 2 to 3 for each key role.
4. An assessment center is a reliable way to identify, but if it seems costly, then assign a rating/numbers to the qualities identified for the role and rate each of them as per the requirements. Sum up all the ratings; the highest scorer is successor 1, and the rest would be the 2nd likely successor and so on.
Deepa Thakkar.
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1. Identify the key positions.
2. Identify the qualities required to fulfill that role.
3. Identify the likely successors, a minimum of 2 to 3 for each key role.
4. An assessment center is a reliable way to identify, but if it seems costly, then assign a rating/numbers to the qualities identified for the role and rate each of them as per the requirements. Sum up all the ratings; the highest scorer is successor 1, and the rest would be the 2nd likely successor and so on.
Deepa Thakkar.
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thanks a lot for your respnses on Succession Planning . If any of you can also help me out with a rela time case , prefereably of some an Indian Company . Thanks deeps
From India, Mumbai
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From India, Mumbai
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E-book on Seven steps on Effective workforce planning.pdf