Jackson_MBA2021

  What is Employee Empowerment (EE) Employee empowerment refers to how the company provides employees with everything they need to be successful. As a key method of leadership, empowerment refers to a process of sharing power and assigning more autonomy and responsibility to subordinates through a series of specific leadership behaviors. These behaviors include enhancing the meaning of work and promoting participation in decision-making, express employee confidence etc. How to Empower Employees 1. Provide authority and property by extracting responsibility - Get a new project for employees and execute using it. When delegate different tasks to employees, it gives it to achieve work and do it well. 2. Clarifies the guidelines and best practices - When they understand the guidelines that should work on any limit that can push them, they can make their work more effective and more compatible. 3. Encourage communication to raise the level of confidence...

  What is Succession Planning (SP) Succession planning is the process by which an organization ensures that employees are hired and trained to perform all key roles within the company. The purpose of recruiting and developing employees is to fill or replace key positions when resigning, retiring, promoting, growing, expanding, and creating new positions. Succession planning five-step process Succession planning and management are an important part of the larger human resource planning process. It involves a comprehensive and systematic approach to identifying, developing, and retaining capable and skilled employees based on current and expected business goals.   Source: Business Jargons Benefits of succession planning Realizing the Leadership Gap - Identify the needs of future employees and develop their key skills and abilities t o help current and future leaders effectively in the organization. Ensuring business continuity - ...