Succession planning

1. Provide a 200 word explanation of what is Succession planning?

2.Provide 2 separate responses to the following question :What are some key domestic demographic changes affecting employee benefits? How can HRM combat these changes? What are some strategies companies use to develop benefit plans that are cost effective?

3. Provide 2 seperate 200 word responses to the following question: What five emerging issues you think are critical for HR and a company to address? How does HR assess these issues when they are in flux? How does HR attempt to resolve emerging issues and know the resolutions are successful?

4. Describe the importance of work life/balance?

 

………………………..Answer preview……………………………….

Succession planning it is a process that involves the identification as well as developing new leaders who have the potential of replacing the old leaders in the case that they leave the organization in future (Burke &Noumair, 2015). The practice reflects a good human resource component of planning and management.  A succession plan provides a laid down roadmap that helps address some of the changes that are likely to take place when the employee leaves

It is an indispensable process in the organization and comes along with its benefits……………………..

APA

937 words