Difference between career planning and succession planning pdf

Prakhar Sethi. Anand Doshi. Ashutosh Harshvardhan. Prachi Gharat. Monjurul Alam. Chindu Joy. BL Hants. Arifa Andleeb. Prince Satish Reddy. Right Management. Jereena Bangera. Sophia Ali. Moujaviera Nieves. Popular in Organizational Behavior. Neeraj Agarwal. Tia Nurul Afifah. Jyotish DGM. Overview from Job Analysis to Compensation Decisions.

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With time, these career goals may be subjected to change based on to what extent the employee had achieved the planned objectives. An individual may change job roles and organization along the career; however, career planning should be done continuously. Succession planning is the process by which an organization identifies and develops new employees to take up key leadership roles when the existing leaders leave for a different career, retire or die. This is essential for all types of organizations, irrespective of their size, in order to ensure that organizational objectives are achieved and a smooth flow of operations are achieved.

Succession planning is usually done by senior management of a company where they continuously receive information about well performing employees from line managers. Succession planning cannot be done overnight since the skills and capabilities required to perform a leadership role take a time to develop.

Succession planning has a number of benefits to both the employee and the employer. This in turn will result in increased motivation backed by the ability to learn more and perform better. If you think you can, you are right. Just be passionate about it. And if you lack passion, then develop it because success never comes till you are passionate about it. Open navigation menu.

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Explore Documents. Career Planning and Succession Planning. Uploaded by Ross D'souza. Document Information click to expand document information Description: career and succession planning. Did you find this document useful? Is this content inappropriate? Report this Document. Succession planning includes five robust steps, which most of the companies follow, here they are:.

Clearly, both individual and succession planning are different. One happens at a personal level and the next at an organization level. Here is the simple explanation of the main difference between career and succession planning:.

Both career and succession planning is necessary. Even if both of them are different, but they are both critical. Career planning is the first step that an individual takes to ensure that they get the best opportunity in terms of jobs.

However, when it comes to succession planning, the company becomes responsible for finding the right individual who will be the perfect fit for their critical positions.