Replacement Charts definition

Replacement charts are a forecasting technique used in succession planning to help companies visualise key job roles, current employees and existing and future vacancies. Positions are mapped alongside information such as potential replacements, gender and promotion potential.  Updates to replacement charts should be made regularly, at least annually, and especially in response to fluctuations in economic conditions or business activity.

Newsletter

Get the latest from HRZone

Subscribe to expert insights on how to create a better workplace for both your business and its people.

 

Thank you.