Manpower Planning

Manpower Planning: Compulsion or Safety crystalize Introduction On October 24 2006, the core team of ICICI a calendar week before its joint Managing Director Lalita Gupte retired, was reshuff guide. Chanda Kochhar, deputy Managing Director who led the depones retail line of business was given Guptes portfolio of international banking; V. Vaidyanathan, a senior General Manager who had built ICICIs retail business alongside Kochhar, was elevated to the level of Executive Director. At ICICI Prudential, the banks life insurance joint venture Bhargava Dasgupta was made Exective manager so that Shikha Sharma, Senior General Manager if and when required displace take a position in the p arnt company. The colossus universal banks Managing director and CEO, K.V. Kamath, is pushing 58, and has just 2 years to go before his retirement. It cant be rule out, he seems to have made it clear whom he considers as potential candidates for the banks top job. When Coca Colas CEO Roberto C. Gozueta on the spur of the moment run lowd of treatable lung cancer in 1997 there was a great jalopy of shock and sadness at Coca Cola. But the company other than loss of Roberto was not disrupted as at heart his tenure Roberto had already selected and groomed a replacement M. Douglas Ivester, the handle had started way back in 1983.

L&T disdain of increasing the retirement age of its directors to 67 is facing a leadership crunch, as most of its directors such as J.P.Nayak, K.Venkatramanan, and Y.M. Deosthalee are 63,61 and 60 respectively and with no clear successors available they give have to rely on outsiders or have to give the retirement age or c each retired top base on ballss to run the company. CEOs come and go but organizations cannot be allowed to die an untimely death just because the directors were not able to buzz off a right replacement for the company. Organizational survival and return are the most important responsibilities of top management of all organizations. These responsibilities can best be fulfilled by provision a... If you want to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.