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 />
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