In this exercise, please read the mini-case and answer the questions that follow

Question

In this exercise, please read the mini-case and answer the questions that follow. Rachel Stone is the managing editor for a small publisher in Washington, D.C. She has worked her way up to this prestigious position from an entry-level position more than six years ago. She loves what she does and is committed to staying with the organization. There are three levels of management above her current position (director, vice president, and CEO), and each person has been very generous with time and expertise to help Rachel improve her managerial and interpersonal skills. Her immediate supervisor tells her that he has been selected to run the company's start-up operation in the United Kingdom and will be leaving shortly to find a place to live in London. He tells Rachel he has recommended her for his position and asks if Rachel has a successor in mind for her managing editor's job. Rachel has always thought that Heather Reed would make a terrific managing editor but never asked Heather about her career aspirations. Heather has done an exceptional job as a production manager for the last four years, and everyone expects her to be next in line to take over Rachel's current duties. Now that Rachel looks likely to get promoted to director, she talks to Heather about taking over the managing editor's role. Rachel is stunned to learn that Heather wants no part of management and says she wants to stay in her current position. Rachel is scrambling and has to come up with plan to fill her position as quickly as possible. What are items to consider when developing a succession planning strategy? What are the advantages and disadvantages of telling employees if they are on or off the lists of potential candidates for high-level manager positions?

Explanation / Answer

Ans:

Items to consider when developing a succession planning strategy:

Advantages for disclosing employees lists of potential candidates:

Disadvantages for disclosing employees lists of potential candidates:

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