Succession Planning: Are You Ready for the Future?

Topics:
Business Ethics,
Business Models,
Performance Management
Tags:
Aon Consulting,
Human Resource Management (HRM),
Human Resources,
Leadership,
Management,
Succession Planning
Source:
Aon Consulting

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Overview: Thinking ahead is a cardinal rule of business. In a changing and competitive business environment, implementing a succession planning process may be the most important human resource management investment one can make. This article discusses an approach to succession planning developed specifically for a number of companies in Asia. Effective succession planning and leadership development must be based on a clear understanding of the business strategy, which, in turn, determines the kind of people required for effective leadership, both now and in the future. The HR team then must map these requirements against information about individual employees.

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Format: PDF | Size: 195KB | Date: May 2003 | Pages: 4

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