Framework Edit 2-2-17

Objectives & Value Proposition
Succession management influences how people
across the company think about performance,
potential, job assignments, career paths, staffing
decisions, and employee development. Ultimately,
succession management is about ensuring a
continuous supply of high performing talent in critical
positions.
Traditionally, succession management initiative places
emphasis on determining who would replace top
executive position. However, in line with best practices
Naza World Group’s Succession Management and
Talent Development Framework encompasses a
broader pool of critical positions.
The key objective of this Succession Management &
Talent Development framework is to define and
streamline the approach and processes of succession
planning and talent development in Naza World
Group.
Effective succession management will provide Naza
World Group with an improved ability to maintain
continuity of operations during leadership transitions
with minimal disruption, delivering benefits to both
individual employees by preparing them to be strong
leaders, as well as to our organisation by facilitating
smooth leadership transitions.
Value Add of Succession Management
A means of ensuring the organisation is prepared with a plan
to support service continuity when people in critical positions
exit the organisation
A continuing supply of qualified, ready talents, which forms
the ‘bench strength” of the organisation
An alignment between organisation's vision and people
strategy that demonstrates an understanding of the need to
have the right human capital to achieve strategic plans
A commitment to developing career paths for employees
which will facilitate our organisation's ability to recruit and
retain top-performing employees and volunteers
Enhancement of Naza World Group’s “employer brand” or
external reputation as an employer that invests in its people
and provides opportunities and support for individual career
advancement
Communicating a message to all “Nazarians” within Naza
World Group that that they are valuable
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