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FLDP PRESENTATION .Overview Succession planning is the process by which the HR department of an organization works in alliance with top management in the identification and development of internal personnel to fill critical positions. It is one of the most important tasks that an organization's HR department carries out.
Successions are sometimes externally influenced.Where we are now Yet to have an effective succession plan on ground. FLDP PRESENTATION .
FLDP PRESENTATION .There is a seeming alignment gap between stakeholders.
Develop procedure manuals for essential tasks carried out by key positions. Include step-by-step guidelines. Review and update your succession plan regularly.Way forward Secure Top management and board support for a succession planning process. FLDP PRESENTATION .
Do not wait until the employee will be leaving. procedures and practices. Start planning Focus on policies. FLDP PRESENTATION . Quality in managing succession is proportionate to the quality of the new employee. not on personalities.Basic Principles of Effective Succession Planning Succession planning is a responsibility of the management. not just the employee. now. Succession planning should be in accordance with up-to-date HR policies.
Recommended Approach to an Effective Succession Plan FLDP PRESENTATION .
Food for thought! What will be the fate of our Corporation if 1.000 employees exit at about the same time. without an effective succession plan? FLDP PRESENTATION .
Drop in quality of employees Drop in bottom-line (profitability) Drop in quality of operations Consequent effects of poor succession planning FLDP PRESENTATION .
Let us start planning now. FLDP PRESENTATION .We should not wait until the employees will be leaving.
FLDP PRESENTATION .
Remember! “The best time to plant a tree is twenty years ago. the second best time is NOW” FLDP PRESENTATION .