Invest 5 Minutes To Take This Succession Planning Assessment
Let's Connect To Discuss Your Results
Table of Contents
Part 1: Getting Started
Your Success is LINKED to Succession Planning
Actively Engaged or just Talking About It?
SUCCESS + ACTION — the Operative Words!
Family Business Generational Succession
1
2
4
5
Part 2: A Closer Look
SEQUENCING for Positive Outcomes
The Organizational Excellence® Model
Is our (3)-Step approach a GOOD Fit?
Take the Succession Planning Quiz
Avoid 12 Mistakes In Succession Planning
10 Best Practices in Succession Planning
7
10
12
12
13
15
Part 3: TECHNIQUES + APPROACHES
Your Leadership LEGACY — Future Talent Bench
LINKS — Career Planning + Succession Planning
What Future Skills sustain your Advantage?
Watch Out: Don’t Confuse “Have” with “Need.”
17
19
21
23
PART 4: HIGH POTENTIALS + HIGH FLYERS
Identifying HIGH-FLYERS + Accelerating Altitude
Transition from High-Flyer to High-Potential Talent
Breakthrough Leadership Training + Development
High Potential Individual Investment
High-Potential COHORT or Peer Group Investment
Enterprise Investment for High-Potential Leaders
High Potential Talent + High Performance
25
27
27
28
29
30
31
PART 5: SUCCESSION IS ONLY A PIECE
Succession Planning is only a “PIECE”
Identifying Critical Roles and Roadmap Design
What if your Succession Plan needs Acceleration?
Meet Erica Peitler — Your Change Partner
The Leadership Rigor® Virtual Academy
33
35
37
38
39
Part 1:
GETTING STARTED
Smart leaders proactively plan for evolving lifecycle dynamics as their organization continues to GROW + THRIVE.
Less prepared leaders can face GROWING PAINS and disruptive risks to their business that threaten their organization’s ability to SURVIVE + DRIVE forward.
At the crossroads of these two different outcomes is SUCCESSION Planning!
Succession planning is not an annual one-day event where it is discussed informally and then forgotten about until the following year. Succession planning includes a thoughtful, deliberate, ongoing series of conversations, coupled with a structured design process, that results in a transparent action plan for developing your Talent Bench.
Succession planning is only a “PIECE” of your overall Leadership Development efforts. The skills and behaviors that are required for next level leadership roles take time to develop. And most of these skills and behaviors are not just required at the individual level—they are required across your teams and the entire enterprise—they are CULTURAL Skills.
Without these cultural skills in place, it may not matter who is at the leadership level of your organization—your enterprise may not be able to realize its full potential.
Success and Action are the Operative Words Here!
The succession planning process is often a KICK-OFF for Organizational Leadership Teams to fully own the Talent Bench Readiness Process. This is where the real work happens in high performing organizations.
Family Business Generational Succession – A Transparent Enterprise Initiative
In a private company or family business one of the most significant challenges is appropriately TRANSITIONING from one generation to the next.
Building trust, learning how to challenge each other with productive conflict, getting committed to common goals, holding each other accountable and delivering results as a “generational team” are fundamental parts of the journey.
In addition to leadership skills, family relationships as well as varying levels of experience can affect the readiness to assume more responsibility.
Our approach ensures all relevant topics are discussed in 6 a safe space, open environment where there is “nothing we cannot talk about” so the process is game changing.
In addition to the “in the room” discussions, we structure connections and interactions that allow the next generation family members to experiment with learning in different forums without their parents or relatives present to unduly influence or bias the conversations. This accelerates confidence building, deepens trust in the process, and gets the next generation ready to lead as a community.
The co-creative design and delivery makes this a powerful process for progress!
