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Succession Management in HR Planning

Succession management is the process of ensuring skilled employees are available to meet organizational objectives by identifying potential candidates for key positions and preparing them. It has evolved from simple replacement planning by broadening focus, expanding time horizons, creating talent pools, and improving evaluations. The succession management process aligns with strategy, identifies needed skills, recognizes high potentials, and provides development through promotions, rotations, assignments, training, and coaching to monitor succession. Potential issues include elitism, risk of attention, selection bias, and unpredictability.

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0% found this document useful (0 votes)
19 views7 pages

Succession Management in HR Planning

Succession management is the process of ensuring skilled employees are available to meet organizational objectives by identifying potential candidates for key positions and preparing them. It has evolved from simple replacement planning by broadening focus, expanding time horizons, creating talent pools, and improving evaluations. The succession management process aligns with strategy, identifies needed skills, recognizes high potentials, and provides development through promotions, rotations, assignments, training, and coaching to monitor succession. Potential issues include elitism, risk of attention, selection bias, and unpredictability.

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sonia_hun885443
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© Attribution Non-Commercial (BY-NC)
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Chapter 9

Succession Management
Strategic Human Resource Planning
Importance of succession Management
Succession Management: the process of ensuring that
pools of skilled employees are trained and available to
meet the strategic objectives of the organization.

It consists of a process of identifying employees who


have potential to assume the key positions in the
organization and preparing them for these positions.

It ensures continuity in the leadership


Evolution of succession management
Replacement Planning: the process of finding
replacement employees for key managerial positions
Evolution in succession management has taken place
by
Broadening the focus
Expanding the time horizon
creating the talent pool of replacements
Improving the evaluation system
Succession Management Process
Align Succession management Plans with the strategy
Identify the skills and competencies needed to meet
strategic objectives
 Job Based Approach
 Competency Based Approach
Identify High Potential Employees
 Temporary Placements
 Replacement Charts
 Strategic Replacement
 Talent management culture
Succession Management Process
Provide developmental opportunities and experiences
MANAGEMENT DEVELOPMENTAL METHODS
 Promotions
 Job rotations
 Special Assignments
 Formal training And development
 Mentoring and Coaching
Monitor Succession Management
Succession Management Soft Spots
Elitism

Risk of the spotlight

Selection Bias

Unpredictable futures
Questions…

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