What is Succession Management?
Oracle Fusion’s Succession Management assists you in identifying future replacements for important roles. With Oracle Fusion Succession Management, business users can pinpoint individuals prepared to take on roles before they become vacant, ensuring a seamless transition.
You can establish a succession plan for a job, position, or person (incumbent). Creating a succession plan is a straightforward setup. As a consultant, you’ll only need to manage a few pre-defined choices, while the HR Specialist/Manager handles the rest of the process.
Benefits of using succession plans
- Ensure a smooth transition to key jobs and positions.
- Identify employees who are ready now, or who could be ready in sometime after providing necessary support to them for jobs and positions that are likely to become vacant.
- Plan the career development of candidates.
Succession Plan Types
Your succession plan could be only one from these three types
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