The Chapter Opening Case Reports on a Survey Which Found

question 16

True/False

The chapter Opening Case reports on a survey which found that almost 90% of boards of corporations had a succession plan for their CEO.

---

Definitions:

In-House Skills

Competencies and expertise that exist within an organization's current workforce.

Skills Inventories

Comprehensive databases that detail the qualifications, expertise, and skills of employees within an organization, used for planning and assignment purposes.

Job Evaluation

A systematic process used to determine the relative worth of jobs within an organization by analyzing their duties, responsibilities, and requirements.

Human Resource Planning

The continuous process of systematically planning to achieve optimum use of an organization's most valuable asset—its human resources.