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Cross Training Employees: Examples and Plans

Business Management Daily

Smart organizations realize that time spent cross-training employees yields a substantial return on investment. Benefits of cross-training – defined as teaching workers new skills so that they can perform different roles beyond the one for which they were hired — include: Coverage of duties when another team member is absent.

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The Art of Strategic Succession Planning: Achieving Talent Continuity in an Era of Uncertainty

15Five

If you were one of the millions of people who obsessively tuned into the HBO series “Succession,” then you’ve seen how a poorly executed succession plan can throw an organization into chaos. But while succession planning isn’t nearly as dramatic in real life as it is on TV, it is still an important business practice.

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Organizational Talent Pools: 4 Steps to Developing Employees

HR Bartender

One way to do that is with talent pools, which are groups of employees who are being trained and developed to assume greater responsibilities within the organization. Talent pools allow organizations to develop employees in areas that align with company competencies and values instead of focusing on developing specific position skills.

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11 Succession Planning Best Practices to Follow in 2024

Analytics in HR

Poor succession planning can be incredibly expensive. But with a rock-solid succession planning strategy, you can ensure a smooth transition of leadership, minimizing disruption and maintaining stability. Contents What is succession planning? 11 succession planning best practices to follow 1.

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What is the Difference Between HRM and HRD?

HR Lineup

It encompasses various functions such as recruitment, selection, training, performance appraisal, compensation, and employee relations. It involves activities like training and development, career planning, organizational development, and performance management.

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The Art of Matchmaking Blog Series: Step 5 – Career Mapping and Succession planning

HR Management

The Art of Matchmaking Blog Series: Step 5 – Career Mapping and Succession planning. Successful organizations have focused their talent management activities such as attraction, recruiting, hiring, onboarding, performance management, employee development, team building, and succession planning into a strategic workforce plan.

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What is Competency Management?

Recruiters Lineup

The concept of competency management has gained increasing significance in the corporate world over the last few years. This article explores the meaning of competency management, its key components, and how it can be implemented effectively in an organization. What is Competency Management?