Succession Planning
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Succession planning is the process of looking long term to ensure that executive and management positions are occupied by qualified people promoted from within, and that employees have avenues for promotion. Learn more about it here.
By Robin Throckmorton
Whether we are human resources professionals or business owners, we know what positions are critical to the organization and know we need to have a contingency plan or succession plan in place to minimize the impact of a loss. However, statistics show that less than 15% of businesses actually do have a plan. But why? Some of the most common answers I get to this question are: it takes too much time to create a succession plan for all our critical positions; the plan changes too often with our business needs; or how likely is it to really happen anyway?
(Added: 27-Mar-2005 Hits: 378)
By Susan M. Heathfield
Succession planning is a process whereby an organization ensures that employees are recruited and developed to fill each key role within the company. Succession planning ensures you can fill key roles from within your organization.
(Added: 20-Feb-2006 Hits: 358)
By ROBERT FREEDMAN
A succession plan doesn't have to be elaborate, but it is crucial for small business owners to seamlessly transition their company upon retirement. Here are some tips for how to accomplish this
(Added: 19-Jan-2006 Hits: 381)
By HR
More than one-third (39 percent) of senior executives polled in a recent survey admitted they have no succession management plan in place for senior leadership positions.
(Added: 24-Mar-2005 Hits: 444)
By Martin Haworth
A core activity in many successful businesses, Succession Planning is simple and quick to implement - here are seven reasons why you will find it of great value in your business or organisation. But, you need to lead - it works only as well as the support it gets!
(Added: 4-Oct-2005 Hits: 420)
By Robert Bacal
Succession planning is an important part of human resource planning. Here's a brief synopsis of what it is, and when it's usually used.
(Added: 21-Sep-2006 Hits: 869)
