Which company programs are most effective when developing succession plans?
A.
Recruiting and feedback
B.
Coaching and development
C.
Mentoring and reorganization
D.
Compensation and benefits
The Answer Is:
B
This question includes an explanation.
Explanation:
Coaching Programs: Implement coaching programs where experienced leaders provide guidance, feedback, and support to high-potential employees. Coaching helps in developing leadership skills and preparing employees for future leadership roles.
[: SHRM identifies coaching as a key component of effective succession planning, helping to build a strong leadership pipeline., Development Opportunities: Offer targeted development programs that focus on building the skills and competencies required for future leadership positions. This can include leadership training, cross-functional projects, and stretch assignments., Reference: SHRM emphasizes the importance of structured development programs in preparing employees for succession and ensuring they have the necessary skills and experience., Individual Development Plans (IDPs): Create individualized development plans for employees identified as potential successors. These plans should outline the specific steps and resources needed to achieve their career goals., Reference: According to SHRM, IDPs are essential for providing clear career pathways and ensuring targeted development for succession candidates., Continuous Feedback and Assessment: Implement a system of continuous feedback and regular assessments to track progress and make necessary adjustments to development plans., Reference: Ongoing feedback and performance assessments are crucial for effective succession planning, as recommended by SHRM., Integration with Talent Management: Ensure that coaching and development programs are integrated with the organization's broader talent management strategy. This ensures alignment with organizational goals and maximizes the impact of succession planning efforts., Reference: SHRM advocates for an integrated approach to talent management and succession planning to create a cohesive and effective leadership development strategy., ]
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