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InnovateTech is a mid-sized technology-consulting firm known for its innovative solutions and expertise in emerging technologies. However, the company has been facing challenges related to
InnovateTech is a mid-sized technology-consulting firm known for its innovative solutions and expertise in emerging technologies. However, the company has been facing challenges related to employee engagement and retention. Despite offering competitive compensation, some top-performing employees have been leaving the company for opportunities elsewhere. InnovateTech's leadership recognizes the need to implement a Career Planning for the employees and needs to work on the same. a. Discuss the initiatives taken by the organisation for Career Development & Planning for employees. (5 marks) b. Explain the significance of a well-designed process of succession planning increasing employee satisfaction and retention rates at InnovateTech? (5 marks
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