PLANNING FOR SUCCESSION IN BUSINESS (TRAINING HRDF CLAIMABLE)


Succession planning is a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they become available. 

Organizations use succession planning as a process to ensure that employees are recruited and developed to fill each key role within the company. Through one's succession-planning process, one recruits superior employees,[citation needed] develops their knowledge, skills, and abilities, and prepares them for advancement or promotion into ever more-challenging roles. Actively pursuing succession planning ensures that employees are constantly developed to fill each needed role. As one's organization expands, loses key employees, provides promotional opportunities, or increases sales, one's succession planning aims to ensure that one has employees on hand ready and waiting to fill new roles.

Process and practices
Companies devise elaborate models to characterize their succession and development practices. Most reflect a cyclical series of activities that include these fundamentals:

  • Identify key roles for succession or replacement planning
  • Define the competencies and motivational profile required to undertake those roles
  • Assess people against these criteria - with a future orientation
  • Identify pools of talent that could potentially fill and perform highly in key roles
  • Develop employees to be ready for advancement into key roles - primarily through the right set of experiences.

TRAINING CALENDAR FOR 2020
LEADERSHIP & BUSINESS PROGRAM
100% HRDF CLAIMABLE


JAN 2020
MG301
The Art of Managing Different Generations
6&7 Jan
MG246
Essential Behavior Management Skills
6&7 Jan
MG257
Mindset Transformation for Managers & Leaders using NLP
15&16 Jan
MG342
Coaching & Mentoring Effectively for Managers
22&23 Jan
MG297
Change Management and Leadership – Understanding Its Impact
29&30 Jan
FEB 2020
MG325
Achieving Leadership Excellence & Stress Handling
10&11 Feb
MG219
Leadership 18 Golden Rules for Success
12&13 Feb
MG307
Business Succession Planning
17&18 Feb
MG320
Getting Results through Leadership Excellence
19&20 Feb
MG324
Attitude for Altitude: Leading Beyond Formal Authority
19&20 Feb
MAR 2020
MG312
Coaching and Leading
9&10 Mar
MG289
Productivity Strategy: 6 Keys to Corporate Leadership Success
11&12 Mar
MG302
Dynamic Leadership Competency
16&17 Mar
MG316
Kursus Kepimpinan dan Pengurusan Organisasi
18&19 Mar
MG304
The Assertive Supervisory & Leadership Competency
30&31 Mar

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