Tag Archives: Succession Planning

I’ve found that the highest impact transferable practice from the NFL to business is prioritization. And if you’re not familiar with the concept, when something receives a higher priority. The organization places a laser focus and narrowly targets an area where allocating more resources is essential in order to be …

Expediting the transfer of employees among diverse business units allows a firm to develop and retain employees, while simultaneously increasing the cross-pollenization of ideas and the transfer of best practices. Unfortunately, I find that executives at every large organization I have visited consistently complain that this beneficial movement simply doesn’t …

Most organizations do a weak job at succession planning, but as recent events highlight, Hewlett-Packard deserves some sort of award for completely blowing it! While the “entire story” behind the departure of CEO Mark Hurd has yet to be uncovered, it is clear the issues leading up to it were …

Part A Measures Group 1 – Basic plan usage factors: The target audiences for a succession plan are those managers that are responsible for making promotion and lateral transfer decisions for leadership jobs that are covered by the plan. A succession plan can’t be successful if it’s not distributed, read …

Beyond this commitment, what follows are the major steps: 1. Make the business case for external succession planning. The first step is to present arguments to your senior leadership about the need for including external talent and development opportunities in your succession plan. Generally that means documenting current development problems/shortages, …