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3) Do you think Janice should pick a successor, or try to recruit for her replacement? Provide at least one reason to support your answer.
3) Do you think Janice should pick a successor, or try to recruit for her replacement? Provide at least one reason to support your answer.
Please answer question 3, please see the requirements clearly. I will upvote good answers. bad answers i will not like
Individual Assignment #1: Succession Planning Exercise (related to Chapter 5 - HR Planning)* Assignment Due: Sunday, July 17th by 11:59pm AST via email t Background: Janice Smith owns and operates a small family business, Smith Innovations. She is the president and CEO, and her daughter Candice Smith, and her son Kevin Smith, are both Vice-Presidents in the company. Smith Innovations was founded in 2000, and now has 30 employees. Smith Innovations provides bookable manufacturing space and equipment and helps Entrepreneurs sell, market, and distribute their products across North America. Janice is hoping to slow down soon, however, hasn't thought about who will replace her as the President and CEO. Since it's a family business, and both her children are VPs in the company, she hopes that one of them will want to take over. Janice is not sure who would be the best person to run Smith Innovations as both Candice and Kevin have their strengths and areas of development. Janice knows she needs to start planning now. She has heard of the HR term "succession planning", however, has never formally created a succession plan before. Instructions: Review the organizational charts for Smith Innovations, and biographies for Candice Smith and Kevin Smith. Then answer the three questions listed below. 1) Who would you pick to be Janice Smith's successor as President and CEO of Smith Innovations? 2) Why would you pick this person as the successor? 3) Do you think Janice should pick a successor, or try to recruit for her replacement? Provide at least one reason to support your answer. Instructions: Review the organizational charts for Smith Innovations, and biographies for Candice Smith and Kevin Smith. Then answer the three questions listed below. 1) Who would you pick to be Janice Smith's successor as President and CEO of Smith Innovations? 2) Why would you pick this person as the successor? 3) Do you think Janice should pick a successor, or try to recruit for her replacement? Provide at least one reason to support your answer. Smith Innovations - Organizational Chart Smith Innovations - Biographies -CandiceSmith-VPofOperations,Finance,andHR-40yearsofage-12yearswithSmithInnovations-BachelorofBusinessAdministration,andaMasterofBusinessAdministration-Strengths:Finance,accounting,andlogisticsmanagementskills.-DevelopmentAreas:Salesandrelationshipmanagementaspectsofthebusiness.-KevinSmith-VPofSalesandMarketing-38yearsofage-16yearswithSmithInnovations-Two-yearBusinessDiploma,andcoursesinSalesStrategiesandLeadershipSkills-Strengths:People,customer,andsalesskills.-DevelopmentAreas:Accountingandlogisticsmanagementareasofthebusiness. *(Note: this case scenario is a fictional example and is for educational purposes only)Step by Step Solution
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