Workforce Planning and Talent Management Module 9 - Succession Management Flashcards

1
Q

What is succession management?

A

The process of ensuring that pools of skilled employees are trained and available to meet the organization’s strategic objectives.

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2
Q

What are the five steps of succession management?

A
  1. Align succession management plans with strategy
  2. Identify the skills and competencies needed to meet strategic objectives
  3. Identify high-potential, employees
  4. Provide developmental opportunities and experiences
  5. Monitor succession management
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3
Q

What is the job based approach to identifying competencies?

A

Focusing on duties, skills, job experience, and responsibilities required to perform the job.

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4
Q

What is the competency-based approach to identifying competencies?

A

Focus on measurable attributes that differentiate successful employees from those who are not. Both hard and soft skills.

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5
Q

What are organizational core competencies?

A

Subject matter expertise
Efficient processes
Effective relationships
High performance culture

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6
Q

What are role or specific competencies?

A

Competencies related to a job family

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7
Q

What are unique or distinctive competencies?

A

Competencies that define competitive advantage

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8
Q

What are replacement charts?

A

Identify a short list of successors including their performance and when they may be ready.

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9
Q

What are replacement tables?

A

Highly detailed information about all possible successors and included career preferences and training needs.

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10
Q

What are some developmental opportunities?

A

Promotions, job rotations, special assignments, formal training and development, and mentoring and coaching.

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