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Succession Planning in HRM by Thamali

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  SUCCESSION PLANNING IN HRM   What is Succession Planning? Succession planning is a business approach that allows firms to transmit leadership responsibilities to another person or group of workers. After key individuals move on to other opportunities, retire, or pass away, succession planning ensures that firms continue to function effectively and without interruption. It can also serve as a liquidity event, allowing rising workers to take over ownership of a business. Companies may use succession planning to ensure that they are fully configured to promote and advance all employees, not just those in management or executive positions.   Why succession planning need for an organization? Ø Ensure business continuity Ø Develop potential employees Ø Identify next successor Ø Smooth functioning Ø Reduces cost of the organization Ø Developing career path Ø Corporate Image Ø Reduces emplo...
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EMPLOYEE EXPERIENCE ON DIGITAL WORKPLACE by Thamali

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EMPLOYEE EXPERIENCE ON DIGITAL WORKPLACE   Beginning of the Digital workplace concept For several years, a digital workplace has been in use. Paul Miller, the creator of the digital workplace Group (DWG), coined the word to characterize the vast ecosystem of office technologies back in 2009. Since then, workplace digitization has progressed at a rapid pace. It's seldom easy to define what makes a successful digital workplace organization. There are numerous definitions available. Some of these definitions concentrate on a single topic, while others cover a wide range of digital workplace developments. It's a broad phrase, and its definition will evolve as the concept becomes more popular.   What is the Digital workplace? The boundaries of a physical office are blurred in a digital workspace. It's our day-to-day work's digital ecology. With the support of digital technology, high-quality digital workplaces allow information exchange, collaboration, and cr...
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