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5RTP - resourcing & talent planning Essay

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CIPD Intermediate Certificate in Human Resource Management
Level 5

Resourcing & Talent Planning
5RTP

1.0 INTRODUCTION
This report will focus on three areas out of the optional six activities, as follows:
Workforce planning, succession planning and career development planning - the differences and how this can be applied to an organisation;
Employee retention – How an organisation with retention issues could improve staff turnover;
Dismissals, redundancies and retirement – The law and areas of good practice.

2.0 WORKFORCE PLANNING, SUCCESSION PLANNING & CAREER DEVELOPMENT PLANNING
Successful organisations realise that identifying and developing a strategy in these three separate areas is …show more content…

CIPD (2) defines Succession Planning as ‘a process for identifying and developing potential future leaders or senior managers, as well as individuals to fill other business-critical positions, either in the short- or the long-term’.
Formal succession planning should be a systematic approach in preparing lower level employees to handle the responsibilities of the senior management in the forthcoming years. It helps to identify the capable employees who have the potential to fulfil these critical roles in the hierarchy.
This can be done informally, through discussions with management over a period of time or alternatively, by more formal techniques, such as an assessment of competencies or regular performance reviews.
Organisations need to consider succession planning alongside workforce planning, to ensure that their longer term objectives can be delivered in the future by the right people with the right skills.
Succession planning can be applied to individual roles and to pools of positions, for which similar skills are required.
In the case of individual and more senior roles, organisations will identify key roles and successors for these roles, focussing on providing the necessary experience, talent and development to ensure that they will succeed when reaching the senior management level in the future.
This can also be applied to pools of roles. By developing the generic skills required within groups, it also provides

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