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Component: LOD-SF-SCM
Component Name: Succession Management
Description: The level of preparedness of a potential successor for a job role. All successors must have a "readiness" rating to determine how far away they are from being ready to fill the role.
Key Concepts: Readiness in SAP Succession Management is a measure of an employee's preparedness for a role or job. It is based on the employee's skills, experience, and other factors that are relevant to the job. Readiness is determined by assessing the employee's current competencies and potential for growth. How to use it: Readiness can be used to identify employees who are ready for promotion or new roles. It can also be used to identify employees who need additional training or development in order to be successful in their current role. Readiness can be used to create succession plans and identify potential successors for key roles. Tips & Tricks: When assessing readiness, it is important to consider both the employee's current competencies and their potential for growth. This will help ensure that the right employees are identified as being ready for a role or job. Related Information: SAP Succession Management is a comprehensive solution that helps organizations identify, develop, and retain top talent. It provides tools for assessing readiness, creating succession plans, and managing talent development.