Human Resource- Succession Planning & Strategic International HRM Essay

Human Resource- Succession Planning & Strategic International HRM - Essay ExampleSoft competencies, is what the governing needs to focus on. Because of the exceedingly volatile business environment, skill needs change rapidly, making it imperative to focus on soft competencies. Employees should be evaluated based on their capabilities to solve daedal issues. The company should focus on long-term succession planning so that any emergency replacements be automatically taken care of.Competencies are groups of related behaviors essential for successful performance. Because of the global operations, the organization needs managers competent with general mobility skills and knowledge. This would ensure managers are effective in group processes, possess the necessary communicating skills and are ready to adapt to the changing business needs and environment. Other general competencies that would facilitate success in the global economy include the world power to build a cohesive team an d the competency to encourage and motivate employees to accept change. This requires developing a talent management culture within the organization so that talent when recognized should immediately be tapped, trained and developed. Talent management should best be left to the HR personnel as they are professionals and are aware of the benefits and pitfalls of succession planning. They are better positioned to identify gaps between current competencies and those that may be required in the future.To identify talent gaps, to a greater extent sophisticated rating system should be used. Once high-potential employees have been identified they should be provided with developmental opportunities and experiences. This is strategic replacement strategy where formal assignment follows training of successors. In addition, comprehensive job profiles for managerial position would attract the right candidates. The organization should also focus on rewarding loyal and diligent individuals as thi s serves to enhance