Reference: M-301
What is this?
Succession Planning identifies employees who may eventually be called upon to replace critical members who leave due to retirement or transfers or resignations.
Why use it?
Succession Planning focuses on those organizational groups that require support by identifying successors or providing skills training and management opportunities to potential successors who are not quite ready to assume the new position.
Required data:
Key Employee Field, Successors, ‘Bench Strength (depth of experience)’ rating, Critical Skills.