SUCCESSION PLANNING
Presented by,
SHRUTHI.R.NAIR
II SEMESTER MBA
DEFINITION
 Succession planning is a process of developing
talent of the employees to meet the needs of
the organization now and in the future.
 Succession Planning can be defined as a
purposeful and systematic effort made by an
organization to ensure leadership continuity,
retain and develop knowledge and intellectual
capital for the future and encourage individual
employee growth and development.
 Succession Planning is a process for identifying
and developing internal people with the
potential to fill key business leadership positions
in the company.
 According to Bohlander and Snell, “Succession
planning is the process of identifying, developing
and tracking key individuals for executive
positions”.
Characteristics Of Succession Planning
 Balance between individual and
organisations.
 Broadening experience by lateral moves.
 Roles, Not jobs
 Competencies
 Links with Business planning
Objective Of Succession Planning
 To maintain organisation performance.
 To handle voluntary separation.
 To help employees realise their career plans.
 To improve employee morale.
 To build leadership potential.
Types Of Succession Planning
 Role-Based: It focuses on finding potential
replacements for each middle and upper level
manager in an organisation.
 Individual-Based: It involves first identifying people
already working for the organisation who have a high
potential for advancement. After identifying an
individual, the organisation focuses on helping to
develop that person’s skills.
 Pool-Based: Organisation focuses on a large number
of people, or groups of people, with the potential to
move into several or all of the management positions.
Significance Of Succession Planning
 Benefits the business.
 Gives our colleagues a voice.
 It can help sustain income and support expenses.
 It gives you a big picture.
 It strengthens departmental relationships.
 It keeps the mood buoyant.
THANK YOU

Succession planning

  • 1.
  • 2.
    DEFINITION  Succession planningis a process of developing talent of the employees to meet the needs of the organization now and in the future.  Succession Planning can be defined as a purposeful and systematic effort made by an organization to ensure leadership continuity, retain and develop knowledge and intellectual capital for the future and encourage individual employee growth and development.
  • 3.
     Succession Planningis a process for identifying and developing internal people with the potential to fill key business leadership positions in the company.  According to Bohlander and Snell, “Succession planning is the process of identifying, developing and tracking key individuals for executive positions”.
  • 5.
    Characteristics Of SuccessionPlanning  Balance between individual and organisations.  Broadening experience by lateral moves.  Roles, Not jobs  Competencies  Links with Business planning
  • 6.
    Objective Of SuccessionPlanning  To maintain organisation performance.  To handle voluntary separation.  To help employees realise their career plans.  To improve employee morale.  To build leadership potential.
  • 7.
    Types Of SuccessionPlanning  Role-Based: It focuses on finding potential replacements for each middle and upper level manager in an organisation.  Individual-Based: It involves first identifying people already working for the organisation who have a high potential for advancement. After identifying an individual, the organisation focuses on helping to develop that person’s skills.  Pool-Based: Organisation focuses on a large number of people, or groups of people, with the potential to move into several or all of the management positions.
  • 8.
    Significance Of SuccessionPlanning  Benefits the business.  Gives our colleagues a voice.  It can help sustain income and support expenses.  It gives you a big picture.  It strengthens departmental relationships.  It keeps the mood buoyant.
  • 10.