Ulema Inc. is a market research firm providing consulting, market analysis, strategic planning, and technology forecasting services. The Ulema Reports Group (URG), a wholly owned subsidiary of Ulema Inc., produces single and multi-client studies on fast moving market sectors. URG has experienced dramatic growth over the past three years. Through aggressive hiring, production staff has increased by 50 percent. However, due to the high demands of the job, the average retention rate for a research analyst is two years, and URG is constantly recruiting. In this simulation, the second of two in the series, you have already successfully obtained management buy-in for a planned succession program. However, you also know that the CEO is planning a major expansion effort, which makes a strong program even more crucial. How you implement the plan will determine its success. You must develop an action plan, assess current and future work requirements, identify and prepare potential successors, and finally announce the plan in a general meeting. This simulation is made up of five scenarios and contains links to the following SkillSoft courses: LEAD0301, LEAD0302, LEAD0303, and LEAD0304.

Managers and executives concerned about information and business continuity on a departmental level or organization-wide.

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Implementing a Succession Plan Simulation

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