Answers:
One of the types of career planning is
succession planning. Succession planning is a technique for identifying and
developing internal employees with the potential to fill important
organizational positions. Succession planning ensures the availability of
experienced, skilled and competent employees that are prepared to assume these
roles as they become available. Succession planning increases the progress of
qualified employees from individual contributors to managers and leaders. Thus:
·
It prepares present employees to undertake
key roles
·
It develops talent and long-term growth of
employees
·
It improves workforce capacities and
performance of employee
·
It improves employee commitment and thus
enables retention of employees
·
It ensures its support to employees
throughout their employment term
·
It meets the career development
requirements of existing employees
·
It understands the increasing difficulty
of recruiting employees externally
·
It focuses on leadership continuity and
improved knowledge sharing
·
It provides more efficiency in monitoring
and tracking of employee proficiency levels and skill gaps