What is executive succession? Discuss the hiring of insiders versus outsiders, and provide examples of each.© BrainMass Inc. brainmass.com October 25, 2018, 2:57 am ad1c9bdddf
Question: What is executive succession? Discuss the hiring of insiders versus outsiders, and provide examples of each
Executive succession is the business continuity plan put in place by an organization to specify the order in which executives at different levels will take over the responsibilities of an outgoing or absent executive. The succession plan details the shift in power and controls of different aspects of in organization's operations. Some organizations designate the responsibility of handling executive succession planning to the Human Resources (HR) department. The HR department outlines the process, specifies the potential successors and defines the new responsibilities of each successor. In addition, the HR departments in some organizations are charged with the responsibility of developing managers to assume executive level positions.
Some organizations adopt the ...
The expert examines hiring an insider versus outsiders.
Executive Succession, Reengineering & Strategic Marketing
1) What is executive succession? Discuss the hiring of insiders versus outsiders, and provide examples of each.
2) What is reengineering? What are the seven principles for reengineering proposed by Michael Hammer? Explain which principle is most important in your opinion?
3) Select a new product that you have been introduced to in the past 12 months. Description of the new product. Explain which category of innovation is emphasized. List what differentiates the product from the competition. Describe the product's target market and its demographics. Describe the market size and potential product demand. Explain in which stage of the product life cycle is the product. Predict product demand in 5 years.View Full Posting Details