Framework Edit 2-2-17

Introduction
Succession planning is a strategic planning exercise that seeks
to ensure that an organisation has a pool of highly skilled and
talented employees available and ready to step into senior
leadership and other critical roles should the need arise. It
enables an organisation to have business continuity and realise
its business objectives.
It consists of several processes that will guide an organisation to
identify critical positions in the organisation, the current and
future competencies (i.e., knowledge, skills, and abilities)
individuals need to be successful in that position, and
assessment of current talent to fulfill those roles to ensure an
organisation’s business continuity.
It also drives an ongoing, proactive dialogue between
managers and senior executives that identifies and tracks key
performers / high-potentials within the organisation.
By implementing an effective succession planning process, Naza
World Group aims to:
• Proactively monitor critical talent needs and gaps for
continued organisation growth;
• Identify, develop and promote key talent and leaders; and
• Improve the base of information about talent within the
organisation.
This section outlines the policy and process determined by the
Group to achieve the above objectives.
At the end of the process the organisation will have a
comprehensive pool of talent to draw upon to meet current
and future needs to ensure that the right person is in the right
place, in the right position, at the right time.
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