HRM Lecture Slides # 4 - Theory of Multiple Intelligences and Replacement Chart

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Human Resource Management

Lecture Slides # 4

Theory of Multiple Intelligences,


Replacement Chart and
Succession Planning

BS (Hons) Management Semester 5

Anwar Khurshid

October 5, 2023

1
Learning Objectives

After completing this lecture, you will be able to:

Recognize and describe multiple intelligences


and their implications on learning and
development
Develop personnel replacement chart
Describe the difference between replacement
planning and succession planning
Replacement Chart
Replacement charts are typically used
to keep track of potential internal
candidates for the firm’s most critical
positions.
Replacement Chart Example
Succession Planning
Forecasting the availability of inside
candidates is particularly important in
succession planning, for example in
Family Business
Succession Planning refers to the plans
a company makes to fill out its most
important executive positions.
Succession Planning and Replacement Chart:
What’s The Difference?
Replacement planning Succession planning creates
addresses an urgent long-term talent capital.
need. The goal of succession
The replacement planning planning is to integrate
focuses on “this policies across the
moment”. organization.
The status quo is kept by Succession planning assists in
replacement planning. the selection of candidates for
Replacement planning certain roles.
may restrict current The goal of succession
employees’ opportunities. planning is to develop the
skills of existing key
employees.

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