Topic > Importance of Manpower Planning - 2980

So they are constantly moved between projects, practices and geographies to ensure that a high performing individual does not move in a narrow hierarchical structure.• The company also has a “Think Tank", consisting of people at both top management and lower levels, these people are carefully selected for their strategic vision and technological and domain expertise. This “Think Tank” plays a vital role in succession planning. In fact, this is another method of creating and cultivating leaders. • At the highest level, senior management succession planning is reviewed directly by the Board's Executive Committee. Activity/unit leaders are invited to board meetings from time to time to make presentations to the board to update them. This provides the Board with the opportunity to periodically interact with senior leaders and assess values, skills and capabilities to help them identify suitable internal successors and provide feedback.5. OUR