What is succession plan in SAP PA-ER - E-Recruiting?

SAP Term: succession plan

• Component: PA-ER

• Component Name: E-Recruiting

• Description: Formal request by a succession planner to fill a key position or key job. The succesion plan contains general job information and payment information and also the requirements that candidates must have in order to fulfill the requirements profile. From a technical point of view, the system uses the object Requisition to depict the succession plan.

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• Key Concepts: 
  Succession planning is a process used by organizations to identify and develop internal people with the potential to fill key business leadership positions in the company. It is a part of the SAP ER E-Recruiting component, which is a comprehensive solution for managing the entire recruitment process. It helps organizations to identify, assess, and develop talent for future leadership roles. 
  
  How to use it: 
  The SAP ER E-Recruiting component provides a succession planning tool that allows organizations to identify and develop potential leaders. The tool helps organizations to create succession plans by analyzing current and future job requirements, identifying potential candidates, and assessing their skills and competencies. The tool also provides a platform for developing and tracking succession plans over time. 
  
  Tips & Tricks: 
  When creating a succession plan, it is important to consider the organization’s long-term goals and objectives. It is also important to ensure that the succession plan is aligned with the organization’s overall strategy. Additionally, it is important to ensure that the succession plan is regularly reviewed and updated as needed. 
  
  Related Information: 
  The SAP ER E-Recruiting component also provides other tools for managing the recruitment process, such as applicant tracking, job postings, candidate management, and onboarding. Additionally, it provides tools for managing employee performance and development.