Question

In: Operations Management

Why do Companies use the 9 Block for succession planning purposes? examples would be appreciated

Why do Companies use the 9 Block for succession planning purposes? examples would be appreciated

Solutions

Expert Solution

Here is why companies use the 9 blocks for succession planning purposes -

  • It is helpful to evaluate & plot the company's talent pool based on performance and potential parameters.
  • The horizontal axis measures the performance and vertical axis measured the potential.
  • It is an extremely important process during the talent reviews & basis on the indemnification on the axis the leader can plan the development, coaching, training and performance improvement strategies.

Uses -

  • It is very easy and convenient to use. It doesn't require much setup & leaders can compete for the entire exercise number of times.
  • It is important to facilitate a conversation that are focused & is difficult to hold in other situations.
  • It makes the entire succession planning process a priority for managers and leaders.
  • 9 Box approach makes the process consistent as data is reliable.
  • It is useful as the team members can be analysed in a fair manner & at one location.

Example -


Ray - Allen Inc. has been using the 9 box/block for the succession planning process. They identify high-performance members and make sure the professional and leadership development happens for them by using various ways to engage and grow their team members.

Apart from high performers the team also looks at solid & consistent performance and help them with training to further develop their potential.

Then comes the category of team members who are neither performing and also lack the potential to improve.

It helps the team tp plan the right fit for the firm.

Overall advantages -

  • It helps to save time & the grid can allow to make note of important performance data of the team members.
  • It helps to make discussion and collaboration more valued & meaningful.
  • It helps to plan individual and the conversation that needs adjustment.
  • It helps to plan leaders & members that can be promoted in the future.
  • It also helps the organisation to know which members are holding back the organisation. The low performing and potential members can be evaluated and planned accordingly.
  • It helps to assess the development and training needs of the members.
  • It helps to understand whether reposition will help in certain cases & plan the right people for pipeline roles.

=====================================================================================


Related Solutions

what is 9 block all about when it comes to succession planning
what is 9 block all about when it comes to succession planning
Examples for each of those would be greatly appreciated, thank you! How do heat engines work?...
Examples for each of those would be greatly appreciated, thank you! How do heat engines work? What does a coefficient of performance mean for the engine and the different types of efficiencies? What does it mean if the engine is reversible or impossible [How to determine this]?
Do you think U.S. companies will embrace IFRS for financial reporting purposes? Why or Why not?...
Do you think U.S. companies will embrace IFRS for financial reporting purposes? Why or Why not? Present original arguments (supported by authoritative reference sources) in support of your position. Include in your response, a list of 2-3 U.S. MNCs who are already using IFRS for financial reporting purposes.
Do you think U.S. companies will embrace IFRS for financial reporting purposes? Why or Why not?...
Do you think U.S. companies will embrace IFRS for financial reporting purposes? Why or Why not? Present original arguments (supported by authoritative reference sources) in support of your position. Include in your response, a list of 2-3 U.S. MNCs who are already using IFRS for financial reporting purposes.
how do companies account for bad debt? Why would they use an allowance account instead of...
how do companies account for bad debt? Why would they use an allowance account instead of directly crediting A/R? What are the various methods of accounting for bad debt? Describe the differences in how the expense is calculated.
why do more companies not use analytics to solve such problems? how would you argue to...
why do more companies not use analytics to solve such problems? how would you argue to make the case for analytics in an old-line HR department
a. Why do major companies use accrual accounting?
  a. Why do major companies use accrual accounting?b. Do you think that the owner of the food stand on 45th and Fifth Avenue used accrual accounting or the other type of accounting?c. What is the other type of accounting?
16) For planning purposes, insurance companies must try to predict the number of hurricanes that will...
16) For planning purposes, insurance companies must try to predict the number of hurricanes that will hit the eastern coast of the United States in any given year. If this area is hit with an average of 6 hurricanes per year, find the probability that in a given year… a) …fewer than 3 hurricanes will hit this area. b) …between 6 and 8 hurricanes (inclusive) will hit this area. c) What is the standard deviation of this distribution?
Why do business fail to begin the planning process? list a few examples and explain
Why do business fail to begin the planning process? list a few examples and explain
Why is the formal charge of sulfur on sulfuric acid 0 (would be appreciated if you...
Why is the formal charge of sulfur on sulfuric acid 0 (would be appreciated if you could work it out) and what do we do when calculating formal charge and we see a double bond?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT