Competency Model Best Practices for Succession Planning In our previous publications we discussed what succession planning is and why it is important as well as how to go about communicating it to staff. Execution of a succession plan however lies in the competencies of the organization as well as the key positions held by individuals. […]
Last month, we talked about the implications and best practices for leveraging and developing people in the succession planning. This month, our focus is on communicating to your staff that a succession plan is coming, and how to explain the potential impact to employees including the effect on their career. The Executive Team Whenever a […]
For most for-profit, non-profit and family businesses, planning for succession is the toughest and most critical challenge they face. Yet succession planning can also be a great way to maximize opportunities and create a multi-generational company that embodies the founder’s vision, mission and values long after he or she have moved on to the sandy […]
Top down strategy is dead, leaders still have to lead, and they do so by developing strategic planning initiatives that achieve results. Strategic plans set the tone for how companies behave. Strategy will always matter most, even in a social era where it’s holistic rather than top-down. The most important question is how does the social […]