Replacement Planning

Replacement planning refers to the process of finding replacement employees for key managerial positions.

Formal and methodical replacement planning has existed for over 30 years. This section examines how replacement planning has evolved into succession management by

  • Broadening the focus,
  • Expanding the time horizon,
  • Creating a talent pool of replacements, and
  • Improving the evaluation system
Share it:  Cite

More from this Section

  • Employment torts
    Employment torts is the grounds on which a lawsuit is based, such as wrongful discharge, ...
  • Total compensation
    Total compensation is the complete pay package awarded employees on an annual basis, including ...
  • Rank order
    Rank order is a rating method where the performance of a group, process or product is ...
  • Developmental disabilities
    Developmental disabilities can be defined as a severe, chronic disability of an individual ...
  • Hoteling
    Hoteling is the practice of not assigning offices on a permanent basis to individuals ...