Framework Edit 2-2-17
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The Succession Management process is not merely a human resource initiative, but a strategic initiative which<br />
impacts the business & operations of the Group. Therefore, it is pertinent that internal stakeholders play their roles<br />
accordingly to ensure the realisation of succession management and talent development strategies and<br />
objectives.<br />
Executive Director / Group Executive Chairman<br />
The Executive Director/ GEC is the ultimate owner of Naza’s succession plan and talent management<br />
programmes for all positions that report to the Executive Director/ GEC and other identified critical positions.<br />
The Executive Director/ GEC should personally participate in the process including regular reviews and updates<br />
for the Company’s succession plan. The Executive Director/ GEC acts as a champion or ambassador to the<br />
process, including showing the Company’s commitment to the process and ensuring Succession Planning and<br />
Talent Management become embedded in the Naza’s culture.<br />
Senior Leadership<br />
The Senior Leadership’s should ensure that Succession Planning and Talent Management is embedded into<br />
Naza’s culture and are included as one of their key accountabilities. These responsibilities may include<br />
identifying high potential employees, conducting meetings with identified employees, assessing employee<br />
skills, knowledge and competency levels and assisting in the creation and execution of individual<br />
development plans for the high potential employees. Senior Managers should have regular succession<br />
planning and talent management update meetings with the GEC and the Head of GCHCD.<br />
Group Corporate Human Capital Division (GCHCD)<br />
GCHCD is primarily responsible for administering the Company’s Succession Planning and Talent Management<br />
Programme. Some of the main duties should include:<br />
• Collaborating with the Senior Leadership to develop the Succession Planning and Talent Management<br />
toolkit for use in the Company<br />
• Ensuring that the company’s Performance Appraisal system supports the Succession Planning and Talent<br />
Management Programme<br />
• Tracking and measuring progress of talent management (databases, reports etc.)<br />
• Facilitating talent review meetings with the relevant stakeholders<br />
• Assisting the management in evaluating potential talent<br />
• Providing templates, tools, etc. to assist in the process<br />
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