Human resource management practice I also available by michael armstrong

FIgure 

20.7

 

Management succession schedule

MANAGEMENT SUCCESSION SCHEDULE

Department:

Director/manager:

Existing managers

Potential successors

Name

Position

Due for

replacement 

Rating

If promotable, to 

what position

and when?

Names:

1st and

2nd

choice 

Positions

When

Performance

Potential

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Part 

4

  People Resourcing

278

The meaning of talent management

Talented people possess special gifts, abilities and 

aptitudes that enable them to perform effectively. 

Talent management is the process of identifying, 

developing, recruiting, retaining and deploying those 

talented people.

The process of talent management

Talent management starts with the business strategy 

and what it signifies in terms of the talented people 

required by the organization. Ultimately, its aim is to 

develop and maintain a pool of talented people. Its 

elements are talent planning, resourcing strategies, 

retention programmes, talent development, career 

management and management succession planning.

Developing a talent management 

strategy

A talent management strategy consists of a view  

on how the processes should mesh together with  

an overall objective – to acquire and nurture talent 

wherever it is and wherever it is needed by using  

Key learning points: Talent management

a number of interdependent policies and practices. 

Talent management is the notion of ‘bundling’ in action.

Career management

Career management involves the definition of career 

paths – the routes people can take to advance their 

careers within an organization. It uses all the 

information provided by the organization’s 

assessments of requirements, the assessments of 

performance and potential and management 

succession plans, and translates it into the form of 

individual career development programmes and 

general arrangements for management development, 

career counselling and mentoring.

Management succession planning

Management succession planning is the process of 

ensuring that capable managers are available to fill 

vacant managerial posts. Traditionally it has been 

regarded as a formal process but it is increasingly 

that the need is to develop a pool of talented 

managers so that a ‘talent on demand’ approach can 

be adopted.