Question : Case Study 1:
ABC Corporation is a rapidly growing IT company that needs to expand its workforce. The HR department is faced with the challenge of selecting the right candidates for various positions. Evaluate the following scenarios and choose the correct option:
Question:
ABC Corporation wants to identify employees with leadership potential to fill future managerial positions. What process is being implemented here?
Option 1: Performance appraisal
Option 2: Succession planning
Option 3: Recruitment
Option 4: Training and development
Correct Answer:
Succession planning
Solution : The correct answer is b) Succession planning
When ABC Corporation aims to identify employees with leadership potential to fill future managerial positions, the process being implemented is succession planning. Succession planning involves identifying and developing internal talent to ensure a smooth transition for key roles within the organization as they become vacant. This process helps in recognizing individuals who have the potential to take on leadership roles in the future, allowing the company to groom and prepare them for higher-level responsibilities. Succession planning is a strategic approach to talent management that contributes to the long-term sustainability and success of the organization.
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