Sample Essay on:
Succession Planning

Here is the synopsis of our sample research paper on Succession Planning. Have the paper e-mailed to you 24/7/365.

Essay / Research Paper Abstract

This 5 page paper presents a hypothetical situation of a company with a number of problems related to human relations, which are identified. The most critical problem is the CEO's sudden terminal illness. The writer identifies the problems, provides a self-analysis of personal skills as a consultant and determines which problem the consultant will resolve - succession planning. Data are included regarding the number of companies that have a succession plan in place. Bibliography lists 5 sources.

Page Count:

5 pages (~225 words per page)

File: MM12_PGsucpl.rtf

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Unformatted sample text from the term paper:

moving into the city, creating over 2,000 jobs. Few skilled workers are available in the city. While the labor market is shrinking, labor costs are rising. Again, this has to do with the new major corporation; their lowest wage is $3.00 above the minimum wage. Ancillary costs associated with payroll, such as health and welfare benefits, have risen dramatically. The workforce at Huberts has become greatly diversified in terms of language and culture. The city only recently experienced a growth in foreign migration to the city. Compounding these human resource issues is the fact that the CEO/President of the company has just announced he is terminally ill and it is imperative they begin seeking a replacement for him immediately. Self-Evaluation of Skills The skills of this consultant include strategic planning, teamwork, management and supervision, and employee relations. The problems are identified as: compensating for a shrinking labor force; increasing labor costs; workforce diversity; and the need for a plan to replace the CEO/president. Given the consultants primary areas of expertise, this consultant would be able to help the company with all but the diversity issue. The consultant has no specific training in issues of diversity. The consultant possesses knowledge about diversity but is not expert enough to offer training to employees or management in this field. The best the consultant could do in that area would be to make some recommendations based on the consultants own reading and to refer the human resource manager to a list of diversity consultants. The consultant can help with the other issues. Strategic planning, for instance, is one of the consultants areas of expertise. This is the type of planning that is needed to compensate for a shrinking workforce. Succession planning is another area of expertise encompassed in the strategic planning realm. In ...

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