GROUP MEMBERS

PRATHMESH PAWAR
PURWA DIXIT
PRATIK RAKSHE.
SUBJECT -HCM
 WHAT IS

IT CAN BE DEFINED AS A PURSPOSEFUL AND SYSTEMATIC

EFFORT MADE BY AN ORGANIZATION TO ENSURE
LEADERSHIP CONTINUITY,RETAIN AND DEVELOP
KNOWLEDGE AND CAPITAL FOR A FUTURE AND ENCOURAGE
INDIVIDUAL EMPLOYEE GROWTH AND DEVELOPMENT.
PROCESS
 Key Outcomes:
YOU WILL UNDERSTAND:
 WHAT GOOD SUCCESSION PLANNING LOOKS
LIKE
 HOW TO IDENTIFY AND SUPPORT GOOD
LEADERS
 HOW TO DEVELOP GOOD LEADERS AND
MANAGERS
 HOW TO MANAGE FOR CONTINUOUS
SERVICE IMPROVEMENT
 HOW TO ACCESS BEST PRACTICE GUIDANCE
SHARING BEST PRACTICE
NEWS AND UPDATES
WHY SUCCESSION
PLANNING IS IMPORTANT?
• While the demand for effective managers continues to
grow, the retirement of baby boomers is producing a
sharp decline in the ranks of available personnel.
• In addition, the executives of the future are expected to
be more sophisticated in order to develop and lead new
global and technological initiatives.
• For these reasons, careful planning for the eventual
replacement of managers at all levels in organizations
has gained strategic importance.
CONCLUSION