CEO Succession Planning - The Arc · LEARNING OBJECTIVES •Learn about the benefits of succession...
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CEO Succession Planning Tom La Salvia July 21, 2015 2015 Summer Leadership Institute
Transcript of CEO Succession Planning - The Arc · LEARNING OBJECTIVES •Learn about the benefits of succession...
CEO Succession Planning Tom La Salvia
July 21, 2015
2015 Summer Leadership Institute
LEARNING OBJECTIVES
• Learn about the benefits of succession planning
• Learn a framework to begin/continue CEO succession planning
• Identify succession planning priority activities for you (CEO) and your organization
• Learn skills and tools to assess readiness for personal and organizational transition
• Review the executive transition management process
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WHY DO THIS WORK?
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WHY PLAN FOR THE CEO
SUCCESSION?
• Key Board Responsibility
•Mitigates Risk to Business
Function Continuity
•Ensures Organizational and
Mission Sustainability
• Leadership Development: Builds
your bench strength
•Builds a Foundation of Success
for the new CEO
• Enhances Retention and Morale
• Gets us beyond an ugly
truth that we avoid:
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All careers eventually
lead to a transition…
It’s just a matter of when
and how well managed
COMING TO TERMS WITH CHANGE
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TRANSITION
SUCCESSION PLANNING:
THREE CORE COMPONENTS
Sustainability Assessment
Succession Planning
Executive Transition Management
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PLANNING FOR CHANGE:
THREE CORE COMPONENTS
Sustainability Planning
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FOUR ELEMENTS OF
ORGANIZATIONAL SUSTAINABILITY
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Business Model & Strategy
Leadership Resources
Culture
PLANNING FOR CHANGE:
THREE CORE COMPONENTS
Succession Planning
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WHAT IS SUCCESSION PLANNING?
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Succession planning:
• Is an ONGOING process for developing internal capacity (resources or people) to fill key leadership functions in the organization.
• Prepared to assume key roles as they become available. Increases the availability of employees that are
• Enhances staff retention and morale
SUCCESSION PLANNING:
ONGOING PROCESS
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Understand Key Functions &
Relationships
Designate Backup Coverage
Cross-Train Backups
Develop Procedures &
Protocols
Document Succession Plan
& Policy
Prioritize Capacity Building
Communicate the Plan
Refresh Annually
SUCCESSION ESSENTIALS
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The “Essentials”
Emergency Backup Plans
and
ED Succession Policy
DISCUSSION & CLARIFICATIONS
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ARE YOUR SUCCESSION
ESSENTIALS IN PLACE?
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Leadership
Culture
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Succession
Planning Mini-
Assessment
Exercise and
Discussion
PLANNING FOR CHANGE:
THREE CORE COMPONENTS
Executive Transition Management
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PUTTING IT ALL TOGETHER:
SUSTAINABILITY – SUCCESSION – TRANSITION
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Culture
Sustainability Assessment &
Planning
- Surveys
- Line of Business
Succession Essentials
•Backup Plans
• Succession Policy
Action Plan
Implementation
•Executive Leader Development
•Board Development
• Strengthen Business Model
• Sharpen Strategy
•Change Culture
Executive
Transition
Management
THE NEXT STEPS WORKSHOP
• Sustainability, succession, and transition planning for founders and long-tenured executives
• Dates & Locations
January 25 & 26th in Washington, DC
• More information: Melody Thomas [email protected] (202) 955-7242
A Two-Day Intensive
Hands-on Workshop
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RESOURCES
• Annie E. Casey Foundation Monograph Series – Building Leaderful Organizations
– Ready to Lead? Next Generation Leaders Speak Out
– Capturing the Power of Leadership Change
– Founder Transitions: Creating Good Endings and New Beginnings
– Interim Executives: The Power in the Middle
– Up Next: Generation Change and Leadership of Nonprofit Organizations
– Stepping Up, Staying Engaged (Boards During Transitions)
• Available online at: – www.TransitionGuides.com/resources/monographs.ht
m
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DISCUSSION & CLARIFICATIONS
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THANK YOU!
Tom La Salvia Senior Consultant
Mobile: 617-875-1168
