Refer to Scenario: Pacific Health Care.With demographic trends predicting even greater shortages in the market supply of health care workers,what organizational HR supply planning method is now assuming much greater importance?

Question

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Succession planning is an organizational HR supply planning method that is assuming much greater importance due to the predicted shortages in the market supply of health care workers. Succession planning involves identifying and developing employees within an organization who have the potential to fill key leadership and healthcare positions in the future. By identifying and developing these employees, organizations can ensure a steady supply of qualified and capable healthcare workers to meet future demands. HRMS database, staffing inventories, and movement analysis are also important HR supply planning methods, but they may not be as relevant in addressing the specific challenge of future shortages in the market supply of health care workers.