What is bench strength in SAP LOD-SF-SCM - Succession Management?

SAP Term: bench strength

• Component: LOD-SF-SCM

• Component Name: Succession Management

• Description: A calculated field that indicates the highest level of readiness in a given succession plan. Example: If 2 successors have been nominated for my job and one will be ready in a year's time and the other in 2 years' time, my bench strength is one year.

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• Key Concepts: 
  Bench strength is a term used in SAP Succession Management to refer to the number of qualified and experienced personnel available to fill a particular role. It is a measure of the organization's ability to fill positions with qualified personnel in the event of an unexpected vacancy. 
  
  How to use it: 
  Bench strength can be used to assess the readiness of an organization to fill a position in the event of an unexpected vacancy. It can also be used to identify areas where additional training or recruitment may be necessary. 
  
  Tips & Tricks: 
  When assessing bench strength, it is important to consider not only the number of qualified personnel available, but also their experience and qualifications. This will help ensure that the organization is able to fill any vacancies with personnel who are well-suited for the role. 
  
  Related Information: 
  Bench strength is closely related to succession planning, which is the process of identifying and developing potential successors for key roles within an organization. Succession planning can help ensure that bench strength is maintained and that qualified personnel are available when needed.