Succession management practices in australian organizations
In order to assess the current usage of succession management programs inAustralian-based organizations, and gain information on the characteristics and perceivedeffectiveness of such programs, a national research study was undertaken. A total of 711 humanresource management professionals from a range of organizations across the country answeredthe questionnaire, a response rate of 59 percent. Succession management programs were presentin less than half of the respondent's organizations. Furthermore, these programs were generallyless than five years old. The prime imperatives for introducing succession management programswere reported as the desire to improve business results, and the need for new ski1l requirements inthe business. A relationship between organization size, industry and type and the likelihood to usesuccession management was found. Common perceptions concerning the characteristics ofeffective succession management programs were also identified and are described in the paper. Inbrief, these are: high level involvement by the chief executive officer: senior management support;line management involvement in identifying candidates; developmental assignments as part of theprocess; and succession management linked to business strategies.
Year of publication: |
2006
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Authors: | Taylor Tracy ; Mcgraw Peter |
Publisher: |
Emerald Group Publishing |
Saved in:
freely available
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