Succession Plan Strategy

Create a new job description for a store manager position and develop a succession plan strategy (6 pages) for those who seek a promotion into supervisory and management positions, either for FFH or within your own workplace.
Introduction
View the FFH Organization Structure and Job Description for Succession Planning | Transcript multimedia. This interactive has information on FFH's assistant store manager position, two assistant store managers, four shift supervisors, twelve department supervisors, and assistant department supervisors. These roles and job requirements support this assessment.
If you choose to use your own workplace, conduct research to locate the necessary information.
Instructions
FFH currently has 18 store managers who are over the age of 65, and most are considering retirement from the retail store chain. This presents quite the challenge in a changing economy with a global view, so there is an urgent need to create a new job description for the FHH store manager position and a succession plan strategy that addresses steps to take, policies to consider, and appropriate recommendations. If you choose to use a different organization, imagine a similar situation.
Include the following in your succession plan strategy for HR management and organizational leaders:
Analyze steps for designing a career development plan for FFH stores. What specific training programs should be included for these supervisory and management positions? What external development sources would you use? What legal standards need to be considered?
Explain what internal policies would need to be reviewed or implemented to support FFH's succession planning initiative. How would diversity planning be impacted?
Recommend a succession plan strategy for each FFH position roles/titles. FFH’s positions include:
Assistant Department Supervisor.
Department Supervisor.

Full Answer Section

    Essential Duties and Responsibilities:
  • Develop and implement store-level business strategies to achieve sales and profitability goals.
  • Manage store staffing and scheduling to ensure adequate coverage and meet customer needs.
  • Oversee inventory management and ensure that products are properly stocked and displayed.
  • Develop and implement marketing and promotional campaigns to attract and retain customers.
  • Monitor store performance and make necessary adjustments to meet goals.
  • Provide customer service and resolve customer complaints.
  • Manage employee performance and development.
  • Ensure compliance with all company policies and procedures.
Qualifications and Requirements:
  • Bachelor's degree in business administration, retail management, or a related field.
  • 5+ years of experience in a retail management position.
  • Strong leadership and communication skills.
  • Ability to multitask and manage multiple projects simultaneously.
  • Experience with retail operations and inventory management.
  • Experience with marketing and promotional campaigns.
  • Knowledge of company policies and procedures.
Benefits:
  • Competitive salary and benefits package.
  • Opportunities for professional development and advancement.
  • Work in a dynamic and challenging environment.
  • Make a difference in the lives of customers and employees.
Succession Plan Strategy Steps for Designing a Career Development Plan for FFH Stores
  1. Identify key positions and skills. FFH should first identify the key positions and skills that are needed to support the company's strategic goals. This can be done by conducting a job analysis of each position.
  2. Assess the current workforce. FFH should then assess the current workforce to identify employees who have the potential to be promoted to key positions. This can be done through performance reviews, skills assessments, and interviews.
  3. Develop career development plans. For each employee who is identified as having potential for promotion, FFH should develop a career development plan. This plan should identify the skills and experience that the employee needs to develop in order to be successful in the desired position.
  4. Provide training and development opportunities. FFH should provide training and development opportunities to help employees achieve their career goals. This can be done through internal training programs, external training programs, and mentoring programs.
  5. Track progress and make adjustments. FFH should track the progress of employees who are participating in the career development program. This will help to ensure that they are on track to achieve their goals and that the program is meeting its objectives.
Specific Training Programs FFH could offer a variety of training programs to help employees develop the skills and knowledge they need for supervisory and management positions. These programs could include:
  • Leadership development
  • Communication skills
  • Conflict resolution
  • Time management
  • Delegation
  • Performance management
  • Coaching and mentoring
  • Retail operations
  • Inventory management
  • Marketing and promotions
External Development Sources FFH could also use external development sources to help employees develop their skills and knowledge. These sources could include:
  • Professional associations
  • Online courses
  • Conferences and workshops
  • Executive education programs
Legal Standards FFH must ensure that its succession planning program complies with all applicable laws and regulations. This includes laws related to discrimination, equal employment opportunity, and affirmative action. Internal Policies FFH may need to review or implement internal policies to support its succession planning initiative. For example, FFH may need to develop a policy for identifying and developing high-potential employees. FFH may also need to develop a policy for providing training and development opportunities to employees. Impact on Diversity Planning FFH's succession planning initiative should be aligned with its diversity planning efforts. This means that FFH should strive to identify and develop high-potential employees from all backgrounds. FFH should also provide training and development opportunities to employees from all backgrounds. Succession Plan Strategy for Each FFH Position Role/Title Assistant Department Supervisor The Assistant Department Supervisor is responsible for assisting the Department Supervisor with the day-to-day operations of the department. They oversee the work of the department's associates, ensure that products are properly stocked and displayed, and provide customer service. The following are some of the steps that FFH could take to develop a succession plan for the Assistant Department Supervisor position:
  • Identify
 

Sample Answer

   

New Job Description for FFH Store Manager Position

Job Title: Store Manager

Department: Retail

Reports To: Regional Manager

Summary:

The Store Manager is responsible for the overall success of their assigned store, including sales, profitability, customer service, and employee engagement. They oversee all aspects of the store's operations, including staffing, scheduling, inventory management, and marketing. The Store Manager also plays a key role in developing and implementing the company's strategic goals at the store level.