...Outline the major benefits of implementing a succession management process (10 Marks) Organizations need to be prepared for inevitable and unpredictable change. Decision makers within a company, such as CEOs, CFOs, and other executives, will eventually retire, pass away or leave for other reasons. It is important for organizations to have a plan to replace these employees to ensure business continuance. Succession Management is beneficial as it ensures that a “qualified individual is ready to step into an opening in any of the key management areas” (Module 3: HR Planning and its subsets, Pg2). Organizations have values, ethics and ideas that they want to remain intact year after year regardless of who is in charge. Without a succession management program, an organization may not be able to ensure that crucial programs, services and responsibilities are carried on after an executive leaves the position. Succession planning helps develop people as they prepare for new experiences and jobs, and this development can also help improve their performance in current positions. This allows for internal promotion, thereby helping employees realize their career plans and ambitions within the organization and positively motivating them. Ensuring that there is a plan in place, and employees ready to fill key positions that become vacant will provide a smoother transition as key positions are transferred from one employee to another. Succession planning supports new organizational structures...
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...| ELITE 9 | | | SUCCESSION MANAGEMENT | | Submitted to- Muhammad Abdul Baset Assistant Professor Department of Management Studies Jahangirnagar University, Savar, Dhaka. Submitted by- ELITE 9(Academic Group) Session: 2014-2015 Department of Management Studies Jahangirnagar University, Savar, Dhaka. Date of Submission: 25/02/16 ------------------------------------------------- Group Name- ELITE 9 Department of Management Studies Jahangirnagar University Savar, Dhaka. Members of the group- Name | ID | Tasnia Zannat | 682 | Farjana Akter | 684 | Manal Binte Md Ullah | 686 | Homaira Amin | 689 | Asura Akter Sunna | 692 | Raiyan-Ul Jannah | 694 | Munmun Rahaman | 695 | Fahima Sultana | 696 | Robiul Awal Tuhin | 697 | Course Name: Human Resource Planning Course Code: HRM-502 Group leader: Tasnia Zannat ID-682 Letter of Transmittal 25th February, 2016 Muhammad Abdul Baset Assistant Professor, Department of Management Studies, Jahangirnagar University, Savar, Dhaka. Subject: Submission of an assignment on “Succession Management”. Dear Sir, We the students of Elite 9 group from Department of Management studies of 1st batch. We are going to submit our report as the part of our course objectives. During the process of preparing the assignment, we get the chance of...
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...CASE STUDY Succession Management at General Electric# General Electric (GE) is widely recognized and respected for its leadership talent and its succession management system. One of the best examples of succession management is how GE’s former CEO, Jack Welch, shaped and elevated the company’s philosophy, practice, and reputation for developing leaders. In a 1991 speech, Welch stated, “From now on, choosing my successor is the most important decision I’ll make.” GE’s commitment to developing leaders from within has yielded positive results for both the company’s employees and for GE. In fact, the program has been so successful that it’s been widely emulated by other global organizations. Measuring and developing talent lies at the forefront of GE’s business strategy discussions. GE’s operating system, referred to as its “learning culture in action,” entails year-round learning sessions in which leaders from GE and outside companies share best practices with one another and generate ideas for new practices. Harry Elsinga, manager of executive development at GE, notes, “We really have a tight organization around how we combine our leadership meetings and how we approach our business. We have a constant cycle going on throughout the year where we talk about business and people at the same time. How do we develop talent in those businesses, how do we make sure that we have the right people to open a particular plant or to do an acquisition, etc.? Those discussions always...
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...NORTH SOUTH UNIVERSITY Case Analysis On “Creation, Management and Succession of a Small Firm” Author: Dinesh Kumar Likhi Source: South Asian Journal of Business and Management Cases 2012 Course code: MKT 620 Sec: 01 Marketing Management Submitted to Dr. Jashim Uddin Ahmed Associate Professor School of Business and Economics North South University Submitted By | | Md. Rafizul Haque | 1420900060 | Sayed Faisal Waky | 1512921660 | Md. Mahmudul Haq Shihano | 1421306060 | Asif Rahman | 1421190660 | Arifur Rahman | 1430691660 | Date: 22nd of June 2015 Case Overview Deepak Gulati, a mechanical graduate from one of the top five institutes of the country is the main character of the case. After completing his graduation, he started his career in a multinational company. Within a span of 10 years, he became one of the youngest regional managers of his company. But, surprisingly he wanted to quit the job as he was not satisfied with it for several reasons like- restriction of freedom of action, subjective performance evaluation of the employees and some others. At the same time, thoughts of setting up his own business also came into his mind. Finally ‘Times Marketing Private Limited’ (TMPL) was founded by him and his friend Abhijit Sen after leaving the job. Although the company incurred some losses at the earlier stages, but slowly and steadily it became a successful venture at the end for Deepak Gulati and his friend. Creation of New Venture Some...
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...The British Isles is an example of a Lithosere succession, in that it began as bare rock from glacial retreat. The plant succession started with the pioneer species which were algae and bacteria. Both began to broke down rock surface through weathering. Then lichens and mosses began growing in the area which helps with water retention and provides a base for soil. The next stage of primary succession is herbs/grasses/flowering plants/ferns. These add nutrients and organic matter to the ground which provided soil. Next, shrubs invaded and colonised the area. Shrubs dominate and shade out the sere below them. Small trees such as birch and willow were the following sere which invaded and colonised the area. They produced humus from leaf fall which provided nutrients for the soil through nutrient recycling and encouraged new growth of the sere. The last sere is the larger trees which are oak and ash which dominate the area and shade out smaller trees. This sere is the climax community in that it is stable and no further succession happens after. The climax community is the deciduous woodland biome we know today. The main characteristics include the location in which they are found, which is in temperate maritime climate such as the UK with four distinct seasons: spring, summer, autumn and winter. The average temperature in the British Isles is 10oC which is the optimum temperature for a temperate deciduous woodland and rainfall is between 30 and 60 inches. Deciduous trees are physically...
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...Emmanuel Udeh Dr. Draman March 26, 2015 Strategic Management Understanding the Foundation George Perkins Marsh (March 15, 1801 – July 23, 1882), an American diplomat and philologist, is considered by some to be America's first environmentalist and the creator of the sustainability concept. His Ideals and concepts were beyond that of the time he lived in. He believed that the earth was a system that had a perfect compensation process. This is system could handle any kind of change or natural disruption, but when man began to tamper with the earth it became apparent that the earth compensation process could not handle the destructive nature of humans. Marsh strongly suggested that if nature, before man was created, was left undisrupted changed or transformed, it would never change. The only thing that would change the world is natural disasters for example, tornados, earth quakes, floods, etc. Even after the rare cases of these disasters the system that has been noted to be perfect would reset itself back to its original state. Marsh explained that before the British colonization, North America, geographically was balanced and had a system of perfection. The soil or ground has been perfectly separated by frost, chemicals, gravity, and flow of water, and or deposits which created a perfect top soil so that trees and plantation could grow back immediately. When Indians and Europeans were at war they began to burn down the trees and plantation, but because the destruction...
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...Biology Biome: the largest division of the biosphere. Biosphere: the thin layer of air, land, and water on or near Earth’s surface in which all living things on Earth exists. Climatograph: A graph of climate data for a specific region. Ecosystem: a part of a biome in which abiotic components interact with biotic components. Biodiversity: the variety of all living species of plants, animals, and micro-organisms on Earth. Niche: The special role an organism plays in an ecosystem, including the way in which it contributes to and fits into environment. Structural adaptations: a physical feature of an organism’s body having a specific function that contributes to survival of the organism. Physiological: a physical and chemical event that occurs within the body of an organism that enables survival. Behavioral: what an organism does to survive in the unique conditions of its environment. Species: a group of closely related organisms. Population: all members of a particular species. Community: all the population of the different species. Bioremediation: the use of organisms (micro or plants), to break down chemical pollutants in water or soil to reverse/lessen environmental damage. Decomposition: breaking down of organic wastes and dead organisms. Biodegradation: action of living things such as bacteria to break down dead organic matter. Decomposer: change wastes and dead organisms into usable nutrients. Detrivores: consumers that obtain their energy by eating bodies...
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...What were the criticisms that the humanists made of the Catholic Church? The Catholic Church faced many criticisms from the humanists; the humanists were a group of intellectuals who supported the reform of the church, but did not propose new policies but rather a change to improve he intellectual and moral standards of the clergy. Despite affecting the church and the faith in the church there was not much impact on the ordinary people they were not interested in the corruption within the church providing it I did not affect their everyday worship. Their criticisms affected not only the church but also the followers of the religion, the impact on how it was preached and practised. One of the key criticisms were indulgences, these were pieces of paper signed by the people that could be purchased by the laity, this meant the recipient of the sin was cleansed an often saved their souls. However there was opposition against them as he believed the faith was the only true saviour of their souls. While these were helpful toward the church in the sense that there was an increase popularity of the catholic faith and people saw an escape route to a way to amend their mistakes, it had major negative effects on the church, from the humanists c criticisms, it meant many people saw corruption and truly religious people would have the same views as martin Luther, that only faith could ensure salvation and that it could not be achieved through Christians own effort. This meant that there...
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...GENETIC ENHANCEMENT: CUSTOM KIDS AND CHIMERAS By Marilyn E. Coors, Ph.D. I am going to analyze Dr. Coors paper “GENETIC ENHANCEMENT: CUSTOM KIDS AND CHIMERAS” in a attempt to identify fallacies and mistaken assumptions, while checking for accuracy of factual claims and determining if there is enough evidence on Dr. Coors’s claim to support her conclusion. Dr. Coors’ conclusion, which can be located at the paper’s final paragraph on the last sentence, “Our impending power to alter our genetic heritage, coupled with a limited ability to predict the consequences of those alterations, cries out for a cautious and humble approach” is clearly a behavioral conclusion, which attempts to tell us how to feel, or which moral values to embrace in reference to genetic enhancement. In other words, Dr. Coors’ conclusion prescribes that “genetic enhancement should be approached with caution and reservation.” Now that we have identified the conclusion we can try to identify the Minor Premise report, which is the factual claim Dr. Coors is using to justify why we should approach genetic enhancement with caution and reservation. Dr. Coors states this Minor Premise at the middle of her final paragraph: “For these reasons genetic enhancement of human embryos is immoral under Catholic teaching.” Accordingly, we can frame the conclusion and the minor premise of Dr. Coors’ paper as follows: Minor Premise report: Genetic enhancement of human embryos is immoral under Catholic teaching...
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...Ultima The old healer Ultima lives and teaches the moral system that the novel espouses. Antonio’s relationship with Ultima is the most important bond in the novel. Ultima acts as Antonio’s mentor and helps him cope with his anxieties and uncertainties. Ultima claims a spiritual connection to Antonio that manifests its power in Chapter 1, when Antonio dreams of Ultima burying his afterbirth to keep his destiny secret from the arguing families of his parents. By presenting herself as the keeper of his destiny, Ultima immediately establishes a central role in Antonio’s psyche. Ultima uses her unique position of influence with benevolence, preferring to teach Antonio to think for himself rather than indoctrinating him with her own sense of morality. Like Antonio, Ultima is grounded in both the indigenous and Catholic traditions. She understands that life and spirituality can be viewed in many different and equally valid ways. Although the Catholic church does not recognize her mystical powers, Ultima respects the wisdom of the Catholic faith and attends mass regularly. Her appreciation for multiple faiths and perspectives bolsters her conviction that each person must make independent moral decisions, rather than blindly trust any single authority. Ultima tries to instill in Antonio the same tolerance, independence, and open-mindedness that define her faith and outlook. This view compels Ultima to treat Antonio with understanding and respect, even when he is a small and obedient...
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...After viewing the succession of the ecosystem in the Succession animation I have determined it is an example of a secondary succession. A secondary succession is defined as a change in species composition after a disturbance destroys the existing vegetation in an area that contains soil (Wiley, 2000-2012). The Succession animation was about a forest that contained a small creek. The natural flow of this creek was disturbed by a dam built by beavers thus creating a flood in the forest, the death of the current trees and plants and the new growth of trees and plants in later years. That is why it is a secondary succession. Evolution takes place in the process of natural selection. This process is one where necessary and successful characteristics and traits are passed on to future members of the species for survival. All traits and characteristics that are unnecessary cease to exist in future offspring. The hypothesis I’ve formed in regard to the aquatic salamander, who is missing hind limbs and has small forelimbs, is it came from a line of salamanders that migrated to a new area where they no longer needed their hind limbs. It is possible their new home had smaller areas for them to swim through and their limbs were proving to be a hindrance. Through the process of natural selection, the offspring of these salamanders were born with smaller limbs until their hind limbs were no more. This would be an example of their struggle for existence. References: • Wiley, J. (2000-2012)...
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...CONCEPTUAL LITERATURE "Behold, children are a gift of the Lord; the fruit of the womb is a reward". - Psalm 127:3 About once in every 28 days, ovulation occurs within human females. If the ovum released is not quickly fertilized by a sperm cell from a man, it will die and pass out of the uterus during abnormal menstrual period. But if intercourse takes place and the ovum is fertilized, conception occurs. The woman becomes pregnant, and nine months later, a baby will be born. Now, on the occasion that the parents of the unborn child do not want to have a baby, the parents may decide to use abortion, which expels the fetus from the womb via drugs, either oral or through injection. But if a couple decides early in a relationship to ultimately avoid having an offspring, they may practice birth control or contraception. The first time birth control was introduced to history was in the 1900’s. Population had increased rapidly. Margaret Sanger, a nurse, believed that the poor needed to control the size of their families. In 1916, Sanger established the first birth control clinic and in 1917, founded the National Birth Control League. Although widespread use of birth control is visible throughout the world, particularly in Europe and the United States, where birth control methods are legally available, not everyone is in favor of contraception. The Roman Catholic Church forbids artificial methods of birth control, upholding the belief that sexual love in marriage should never be...
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...1. Mutualism is a symbiotic relationship and both partners benefit whereas commensalism benefits only one and the other gets nothing. 2. A negative externality is a when a third party effects someone or something in a bad way and there is no compensation. 3. Gathered from my readings in the book negative feedback can be a great thing for nature. It allows a system to stabilize itself. Positive feedback can cause an ecosystem to destabilize. This is usually a bad thing but sometimes good things come from all of the chaos. 4. Isotopes are atoms of an element with different number of neutrons. 5. Entropy describes the chaos that is brought forth when energy transforms. 6. I believe that yes the term carrying capacity can apply to both the ecosystems and human beings. The definition is explained in the book using human population growth. But I also believe that many ecosystems can destroy themselves with over population so in order for them to survive they need a equal “birth” rate and death rate. This carrying capacity would allow an ecosystem to survive. 7. CFC’s are Chlorofluorocarbons. They are used in refrigerators, aerosol, and air conditioning. They have to do with the ozone hole because they are one of the main causes of it. Over the years uses of CFC’s started to grow and with it the hole in our ozone. 8. The Little Ice Age lasted between 1300 and 1870. It was a time when Europe and Northern America endured a much colder temperature then they were used to, and mountain...
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...Early successional forest is habitat caused by disturbance and requires careful management to be maintained. These can include old fields, grasslands, or early forests. Early successional forest provides countless benefits not only to wildlife, but to sportsmen, bikers, hikers, photographers, as well as conservationists and naturalists everywhere. It also contributes to the overall diversity and health of the forest. To wildlife, ESH provides many necessities for survival. The rapid growth of young vegetation provides avid cover and nesting habitat for game and song birds, as well as small and large mammals-- such as the american woodcock, ruffed grouse, whitetail deer and more. Regeneration forests produce a multitude of diverse foods. ESH bears a plethora of insects-- preyed on by nearly all bird species--fruits from berry plants, stems and shoots of new trees, and other young vegetation eaten by wildlife. This diversity of plants also benefits forest health, creating a rejuvenation of old forest, transition zones, and mature forests. Sportsmen recognize the benefits of ESH too. Populations of game in areas managed for regeneration forests tend to be much higher, and it is no coincidence. Fifty six to sixty percent of mammals use early successional habitat. However, many species that depend of this habitat populations are declining....
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...James Shin Per 7b/8 Ecology Take Home Test 1) In the given info, there were two groups, an experimental and control group of flowers and sagebrush in a desert landscape that were identical except that the experimental group had a fence enclosed around it. Also, there was a predation relationship between the wildflowers and the kangaroo rats because the kangaroo rats eat wildflowers. Assuming that the fence was limiting the space of the experimental plot, competitive exclusion caused the extinction of the 4 other wild flowers. To begin, there was some interspecific competition, which happens when individuals of different species compete for a resource that limits their survival, between the 5 flower species in the experimental plot because they had their space limited to the fence that they were enclosed in. this competition was a density dependent factor in that the death rate rose when population density in the plot rose. Also, some of the specie’s ecological niches (like what nutrients they needed and how many branches would form) would have had to been the same or else they could coexist together. Then, one of the species of wildflower might have had a reproductive advantage like thorns to repel the kangaroo rats which would have allowed them to prosper and the other species to die out. This is the principle of competitive exclusion. On a tangent, the kangaroo rats would have learned to stay away from the wildflower with thorns by classical conditioning because they...
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