Succession Planning: How to Identify & Develop Your High-Potentials to Quickly Fill Critical Positions!

Succession planning is not just naming the new CEO. 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 required to grow and keep pace with changes in their business, industry, and the 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 top best practices are used in your organization to develop leaders? Which of these practices should you consider adopting to create 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 in the future
 • How to support the leadership development of your top talent as well as your high potential

Why as a senior leader, or line manager or human resource professional, should you be concerned with succession planning when you have so many other problems and demands to deal with?   

The reason is that the pandemic and post-pandemic years have created massive challenges for every organization- big and small. Therefore, effective leadership, at all levels, will be more crucial than ever to thrive in this constantly evolving workplace. Succession planning aims to continuously identify and develop high-performers capable of meeting the present and future needs of your team, department, or business. 

Therefore, best-practice organizations utilize succession planning to not only prepare for potential leadership challenges, but they 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. 

Through the real-world succession planning process outlined in this webinar, you then can recruit superior employees, develop their knowledge, skills, and abilities, and prepare them for advancement into ever more challenging roles. This will guarantee that you have a strong leadership bench on hand to quickly fill a new or vacated role as well as deal with the unexpected challenges that can occur during this new normal.

The focus of this webinar is to learn how to integrate the best practices of succession planning into your organization and will cover the following objectives.

• 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