Succession planning is perhaps as vital to an organization as its business itself. An organization that has its succession plan in place is an organization that is ready for any crisis. What would happen if the market the business is built on comes crashing down? Worse, what if a disaster of the magnitude of 9/11 or a natural disaster hits a company, destroying every asset, physical and intellectual, that was built in perhaps years or even decades, in minutes?
It is in situations such as these that succession planning matters like nothing else. Succession planning is not about making hurried decisions and replacements when an unexpected business turn happens. It is also not about naming a new CEO during the height of the crisis.
So, what is succession planning and how do organizations build a successful one? This is the learning TrainHR, a leading provider of professional training, is imparting at a webinar it is organizing on May 6. TrainHR brings Marcie Zidle, the CEO of Leaders At All Levels and a board certified executive coach, as the expert for this session.
Please visit http://bit.ly/2UWeiGw to register for this webinar and gain invaluable insights into how to put an effective and resilient succession plan in place for your organization.
The core of an effective succession planning is to identify and develop the organization’s future leadership at all levels. Recruiting superior employees, identifying and developing their knowledge, skills, and abilities, and phasing them into more and more challenging roles, are all part of the succession planning process. This is the how organizations can ensure that they have a strong leadership bench as a backup at its beck and call, and ready to fill vacated roles or assume new ones.
At this very meaningful session, Marcia will explain to participants how they can identify their potential leaders who can assume greater responsibility in the organization. She will also show how to delegate and test the variety and impact of various development experiences to the staff that will be made part of the succession plan, and how to train and engage them in supporting the key, high-potential leadership roles.
It is true that the organization is as good as its leadership. Great organizations are those that prepare leaders at all levels, even when they are in a position of comfort. This is the difference between average and excellent organizations. The latter thinks ahead, while the former carries out last-minute firefighting exercises. Marcia will introduce some of the best practices that leading companies have been employing to groom leadership in advance of and in anticipation of a future shock. She will emphasize the importance of ingraining and integrating succession planning right into every step of the organization’s daily, normal activities.
Marcia will cover the following areas at this webinar:
- The focus of this webinar is to learn the elements of effective succession planning and will include these six objectives
- Discover the seven deadly sins of succession planning: What not to do!
- Examine the pros and cons of insiders vs outsiders 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
- Identify the 10 best practices that high performing organizations use for grooming outstanding leaders
- Review the 5 steps that must be followed to build a culture that supports development from the top down
- Utilize the Center for Creative Leadership’s 3 key elements with examples for successful leadership development: Assessment – Challenge -Support.
About the speaker: Marcia’s expertise includes coaching high performers for senior and mid-management positions, developing effective executive teams, positioning organizations for significant growth and facilitating business and team performance. Her specialties include strategy and culture, change management, employee engagement, team building, career management, leadership assessment and development.
With over 25 years of management, business consulting and international experience in the areas of business transformation, talent management and leadership development, she provides strategic focus, alignment and guidance to business leaders and their teams to ensure they get on the right track, stay on the right track and not get side-tracked in their drive for higher performance and profitability.