Framework Edit 2-2-17
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Naza World Group’s Succession Planning Policy<br />
• Succession Planning is used by Naza World Group to assess, develop and evaluate a talent pool of individuals and<br />
high potentials to determine their readiness to assume higher positions within a certain time frame.<br />
• The talent pool are willing and able to learn and occupy these higher positions.<br />
• The Succession Planning initiative is a method to help Naza World Group in preserving its information and<br />
knowledge that may be lost due to retirement and attrition.<br />
• Criteria for successor evaluation will be determined at the sole discretion of the company.<br />
• A developmental plan for high performing employees at various levels to undertake the next higher position would<br />
be provided for by the company.<br />
• An employee on a succession planning programme can be removed if he/she fails to upkeep the qualifying<br />
criteria.<br />
• NAZA does not commit to keep the potential successors informed of their role during the succession planning<br />
duration.<br />
• Being on Succession Planning Programme is no guarantee that a career progression will happen in the preplanned<br />
direction.<br />
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