what is succession planing?

Question

in terms of human resource management find article with bibliography

Answer 1

How Succession Planning Helps
Succession planning establishes a process that recruits employees, develops their skills and abilities, and prepares them for advancement, all while retaining them to ensure a return on the organization's training investment. Succession planning involves:

* Understanding the organization's long-term goals and objectives
* Identifying the workforce's developmental needs
* Determining workforce trends and predictions

In the past, succession planning typically targeted only key leadership positions. In today's organizations, it is important to include key positions in a variety of job categories.

With good succession planning, employees are ready for new leadership roles as the need arises, and when someone leaves, a current employee is ready to step up to the plate. In addition, succession planning can help develop a diverse workforce, by enabling decision makers to look at the future make-up of the organization as a whole.

The real key in succession management is to create a match between the organization's future needs and the aspirations of individuals. The only way to keep talented people is to provide them with growth opportunities that keep them stretching and finding more promising opportunities they might find elsewhere. The average college graduate will change jobs five times in his or her career. Within the next decade, this norm will probably increase to seven job changes. Recruiting and retaining leaders becomes an economic and strategic challenge. (Click on the link for the rest of this report)

Answer 2

A means of ensuring the organization is prepared with a plan to support service continuity when the executive director, senior managers or key people leave
A continuing supply of qualified, motivated people (or a process to identify them), who are prepared to take over when current senior staff and other key employees leave the organization
An alignment between your organization's vision and your human resources that demonstrates an understanding of the need to have appropriate staffing to achieve strategic plans
A commitment to developing career paths for employees which will facilitate your organization's ability to recruit and retain top-performing employees and volunteers
An external reputation as an employer that invests in its people and provides opportunities and support for advancement
A message to your employees that they are valuable
The absence of a succession plan can undermine an organization's effectiveness and its sustainability. Without a succession planning process, an organization may not have a means of ensuring that the programs and services that are crucial to its operation are sustained beyond the tenure of the individual currently responsible for them.