Talent Management and Succession Planning, human resources strategies to avoid a skills gap forming during a recessional climate

摘要: This study will examine Talent Management and Succession Planning in semi-state organisations against the backdrop of globalisation, deregulation financial crisis. With a fall revenue figures reduction subvention from Government, have been forced to introduce restructuring programmes which has resulted unplanned loss tacit knowledge, coaches mentors. The challenge facing many today is how develop talent management succession planning processes avoid possible growth skills gap. With impending de-regulation their respective markets, Semi-states future are expected be more competitive, require strategy empower managers take on role leaders who deliver company’s mission statement. How strategically managing remaining talent, motivating them building training budget reductions, salary bonus schemes? A single Case Study conducted compare academic opinion subject four companies’ approach during retrenchment programmes. findings conclusions advocate current thinking valid when applied real-life scenarios. This research paper number recommendations add discussion whilst allowing companies proactively manage strategies protect themselves gap forming.