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Framework Edit 2-2-17

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Step I: Identifying the Critical Positions<br />

Purpose<br />

Identifying critical positions is the starting point for the succession<br />

planning process.<br />

• Critical positions can potentially impact business operations<br />

(e.g., financial operation, process efficiencies, loss of<br />

institutional knowledge, etc) due to retirement, attrition and<br />

voluntary/involuntary separation.<br />

• A critical position is one that, if it were vacant, would have a<br />

significant impact on the organisation’s ability to conduct<br />

normal business. These positions may be Managerial,<br />

Technical or Support in nature.<br />

Approach<br />

• Develop or review the *Critical Position Criteria based on<br />

present business and operational requirements. Any<br />

existing Critical Position Criteria and Critical Position listing<br />

should be reviewed and validated for every succession<br />

planning exercise to ensure they remain relevant.<br />

• Obtain necessary approval for the said criteria<br />

• Identify and shortlist the Critical Positions across the Group<br />

based on the latest organisation structure<br />

• Obtain necessary approval for Critical Positions for the<br />

succession planning exercise<br />

* Refer to page 23 for critical position criteria<br />

Note:<br />

List of the latest approved critical positions is attached to this <strong>Framework</strong> as Appendix 1<br />

13

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