To effectively do succession planning in your organization, you must identify the organizationâs long-term goals. You must hire superior staff. You need to identify and understand the developmental needs of your employees. You must ensure that all key employees understand their career paths and the roles they are being developed to fill.
HAY-HERRÃ¡N TREATY. HAY-HERRÃ¡N TREATY was signed by Secretary of State John M. Hay and Dr. TomÃ¡s HerrÃ¡n, the Colombian minister, on 22 January 1903. It allowed the French-controlled New Panama Canal Company to sell its option on a canal route through Panama to the United States.
The Hay-Bunau-Varilla Treaty enabled the United States to have full control over the Panama Canal Zone and required Panama to pay for any operating costs. These consisted of: the costs of sanitation works, distribution of water, and sewage disposal. When ratifying the treaty, the United States neglected to tell Panamanian representatives any of this.