International Journal of Application or Innovation in Engineering & Management
An Inspiration for Recent Innovation & Research….
ISSN 2319 – 4847
www.ijaiem.org

Call for Paper, Published Articles, Indexing Infromation REVIEW OF EXISTING PLANS, MODELS STRATEGIES OF SUCCESSION PLANNING, Authors : Dr. M.J. Kolhatkar, Ms. Sneha Banerjee, International Journal of Application or Innovation in Engineering & Management (IJAIEM), www.ijaiem.org
Volume & Issue no: Volume 4, Issue 12, December 2015

Title:
REVIEW OF EXISTING PLANS, MODELS STRATEGIES OF SUCCESSION PLANNING
Author Name:
Dr. M.J. Kolhatkar, Ms. Sneha Banerjee
Abstract:
ABSTRACT Every business has a life cycle. It talks of initiation, growth, maturity, sustaining, decline and decay. Sustaining the business leads to the conception of organisational survival and organisational survival is argued to be the primary objective of any organisation other than making continuous profits. Succession planning focuses on manpower planning activities involving identifying and developing people to take up key positions when the positions become available. Also there is no rule book existing for succession planning, yet there are models and strategies, of which one or more, if followed can be the succession plan for any organisation. This paper discusses the various models, plans and strategies for succession planning as well as encompasses the benefits of the same. Keywords: Succession Planning, Common Practices in Succession Planning, Models and Strategies of Succession Planning, Benefits of Succession Planning
Cite this article:
Dr. M.J. Kolhatkar, Ms. Sneha Banerjee , " REVIEW OF EXISTING PLANS, MODELS STRATEGIES OF SUCCESSION PLANNING " , International Journal of Application or Innovation in Engineering & Management (IJAIEM), Volume 4, Issue 12, December 2015 , pp. 089-093 , ISSN 2319 - 4847.
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