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Component: LOD-SF-SCM
Component Name: Succession Management
Description: The process of evaluating and designating an employee for another position within the organization.
Key Concepts: Succession nomination is a feature of SAP Succession Management that allows managers to nominate employees for succession planning. This feature allows managers to identify and select potential successors for key positions in the organization. It also allows managers to track the progress of their nominated employees and provide feedback on their performance. How to use it: To use the succession nomination feature, managers must first create a succession plan. This plan should include the roles and responsibilities of each position, as well as the criteria for selecting potential successors. Once the plan is created, managers can then nominate employees for each position. They can also provide feedback on the performance of their nominees and track their progress over time. Tips & Tricks: When creating a succession plan, it is important to consider the skills and experience of each potential successor. This will help ensure that the right person is selected for each position. Additionally, it is important to provide regular feedback to nominees so that they can continue to develop their skills and knowledge. Related Information: Succession nomination is just one part of SAP Succession Management. Other features include talent pool management, career development planning, and succession analytics. These features can help organizations identify and develop future leaders and ensure that they are prepared for key roles in the organization.