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ASSIGNMENT
DRIVE
PROGRAM
SUBJECT CODE
NAME
SEMESTER
BK ID
CREDITS
MARKS
FALL 2015
Master of Business Administration- MBA
&
MU0010
Resourcing
Manpower
Planning
and
4
B1765
4
60
Note: Answer all questions. Kindly note that answers for 10 marks
questions should be approximately of 400 words. Each question is
followed by evaluation scheme.
b)Succession Planning
Answer : Succession planning is a process whereby an organization ensures that
employees are recruited and developed to fill each key role within the company.
Through your succession planning process, you recruit superior employees,
develop their knowledge, skills, and abilities, and prepare 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 your organization expands, loses key
employees, provides promotional opportunities, and increases sales, your
succession planning guarantees that you have employees on hand ready and
waiting to fill new roles.