An insurance company assesses all employees' current job skills and creates road maps for them outlining the competencies they need to advance within the company. The company then makes sure they get the training they need, including coaching and mentoring, classroom training. This is an example of________.
a) making a career development plan.
b) succession management.
c) re-structuring.
d) ethical assessment.

Succession management is the term which is defined as the procedure that is systematic to recognize or identify as well as develop or create individuals with the potential to advance to the university. And aiming on the development of the key or vital skills prepare the individuals for the variety of the roles.

This management aims on building the robust leadership map as well as establish the talent benches for the vital positions.

Therefore, the example which is mentioned or stated for the insurance company is of succession management.

andromache andromache · Answer 2 · 2022-04-05T14:29:47+02:00

In the case when the company get the training so this represent the option b. succession management.

What is succession management?

It refers to the management where the process of identifying or creating the individuals should be seen also their potential for advancing should be considered. Here the aim of creating or developing the skills for preparing the individuals for the various kind of roles should be considered.

Therefore, the option b is correct.

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