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 .

Succession management

Explanation:

The insurance company then makes sure its employees get the training they need, including coaching and mentoring, classroom training to advance within the company. This is an example of SUCCESSION MANAGEMENT.

Succession management is the continuous process of training employees to meet the objectives of the organization. It is used to prepare employees and Improve their competency to succeed in the organzation.

Succession management involves process of developing individuals in the organzation with the potential to advance in their skills. It ensures that workers are well equipped with the skills they need to move the organzation forward.

Succession management planning is the evaluation of the skills of workers in the organzation. It encourages staff development and encourages employees to remain in the organzation.

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