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What is succession planning and management?
Succession planning and management involves an integrated, systematic
approach to identify, develop, and retain talent for key positions and areas in
line with current and projected business objectives. The focus is on developing
employees so that the organization has a pool of qualified candidates who are
ready to compete for key positions and areas when they become vacant.
What are the benefits?
Succession planning and management:
- improves employee engagement through career planning, challenging work,
training and development, career advancement, and horizontal development;
- improves an organization’s ability to achieve business goals by having
pools of qualified candidates for key positions and areas;
- gives managers a better appreciation of the skills and competencies,
experience, diversity, language capacity, and learning interests of their
employees;
- protects against corporate memory loss when employees leave the
organization;
- facilitates the attainment of employment equity goals through targeted
development initiatives;
- yields cost savings by fostering a more engaged and productive workforce;
and
- over the long term, results in a more efficient and effective public
service.
This tool will help you:
- understand the steps involved in succession planning and how they link to
the integrated human resources (HR) and business planning process;
- identify key positions and key areas;
- gather information from your employees to support strategic learning
plans; develop strategies to transfer knowledge; and
- identify ways to assess effectiveness.
Effective succession planning cannot succeed without real commitment from
managers at all levels, starting at the top.
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