Strategic succession planning is one of the essentials in the hospitality landscape. If the leadership roles stay vacant for a prolonged period, it may hinder the growth of the business. ...

No organization will have their leaders forever. Leadership comes in ebbs and flows and organizations should be actively seeking out the next generation of leaders, internally. Succession ...

1. Be proactive with succession planning It can take time to find and prepare a promising candidate for a leadership role. As such, don’t dawdle with this part of your plan. Even ...

Identifying Key Business Areas and Positions: First and foremost, the key business areas are identified, i.e. the areas which are significant with respect to the operational activities ...

When it comes to long-term planning for your business, regardless of its size, succession planning should be a key part of the process. Key benefits of succession planning include: Time ...

Here are seven suggestions to kick-start your succession planning, whether you have a small, family-owned business or an multinational corporation: (adsbygoogle = window.adsbygoogle ...

Succession planning is a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. Succession planning increases the availability ...

Major HR Management Activities 1. Strategic HR Planning and Analysis a) HR Planning : Human resource planning is the continuous process of systematic planning to achieve optimum use ...

Human resource management performs quite a few useful functions in order to achieve its objectives. These functions have been categorized by Decenso and Robins as: (adsbygoogle ...

The needs and desires of the employers and also of the employees have been rapidly changing over the decades and for various practical reasons the human resources have become the most ...