Question : Case Study 5:
JKL Ltd. is a leading finance company that wants to revamp its staffing approach to enhance employee engagement and performance. Evaluate the following scenarios and choose the correct option:
Question:
The HR department at JKL Ltd. identifies high-performing employees for leadership roles to drive organizational growth. What process is being implemented here?
Option 1: Succession planning
Option 2: External recruitment
Option 3: Employee referrals
Option 4: Training and development
Correct Answer:
Succession planning
Solution : The correct answer is (a) Succession planning
When the HR department at JKL Ltd. identifies high-performing employees for leadership roles to drive organizational growth, it is implementing succession planning. Succession planning involves recognizing and developing internal talent to fill key roles within the organization, especially leadership positions, to ensure a smooth transition and sustained growth.