Merck's Key Role In Succession Planning
MERCK CAREER AND SUCCESSION PLANNING
Succession planning is a process , an organization develops to fill each key role within the company by suitable employee. Through the succession planning process, company recruits “superior proved employees” and then guide them to develop their knowledge, skills, and abilities which eventually prepares them for advancement or promotion into ever more challenging roles.
FACTS :
Merck firmly believes that Succession planning must be carefully planned . Its aim is to infuse its managers with the theory and philosophy that company has grown over the years. Its Succession planning is structured as well as ongoing dedication to the individual executives needed to lead company.
Merck’s change in leadership was
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As part of team, employee will collaborate with talented and dedicated colleagues while developing and expanding his/her own career.
Culture is highly influenced by value and mission of company.
It helps employee to guide what expertise he has which can eventually add values to the company. it also helps them to have those position according to their expertise and thus helps every individual in growth of career.
FUNCTION OF HR
The HR function has an equally critical role in success of all these programs.it also provides expertise in these following areas.
• workforce planning
• reviewing and discussing plans
• training managers on career counselling and job
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