Succession Planning Simplified: Build Future Leaders Fast

Description

Succession planning is not just naming the new CEO. In fact, it's not about putting a name behind a title at all. That is called replacement planning. And when it is only used during times of crisis - when a company must name somebody to fill a vacant role quickly - that’s not succession planning either. That is crisis management!

Therefore, best-practice organizations utilize succession planning to not only prepare for potential leadership challenges, but also to rely on such plans to develop and maintain the strong leadership that is required to grow and keep pace with changes in their business, industry, and overall marketplace. Succession planning will continue to become more integrated into the everyday life of organizations, moving from a formal ‘annual event’ to becoming a part of the daily fabric of doing business.

Realize that all organizations are only as strong as their present and future leaders. High performing organizations make leadership development, at all levels, a top priority. So how does your organization shape up? Which of the top best practices are being used in your organization to develop leaders? Which of these practices should you consider adopting to develop your future leaders?

This webinar will cover these key areas for effective succession planning.

• How to identify your high- potential leaders who can assume greater responsibility in the organization.
• How to build the leadership competencies that will be required for positions today and the future.
• How to support the leadership development of your top talent as well as your high potentials.

What Will Be Covered

In this highly informative webinar, you will learn how to integrate the best practices of succession planning and leadership development into your team, department, or organization. These seven objectives will be covered.

• Learn the 3 reasons why succession planning is so essential during times of rapid change.
• Compare succession planning vs replacement planning: They are different.
• Discover the seven deadly sins of succession planning: What not to do!
• Appy the seven best practices of succession planning: How to make it work!
• Examine the pros and cons of internal vs external to fill specific positions: Which is better?
• Understand the 70-20-10 rule for developing your future leaders: What it is and how to use it.
• Utilize the Center for Creative Leadership’s 3 key elements for leader development: Assessment – Challenge -Support

Who should attend:

• Human Resource Managers & Executives
• Human Resources Professionals and Consultants
• CEOs, COOs, Chief People Officers
• Organizational Development Managers
• Directors of Learning and Development
• Operation and Staff Managers and Supervisors, Team Leaders