Succession Planning
-
Upload
tala-mansi -
Category
Education
-
view
170 -
download
0
description
Transcript of Succession Planning
![Page 1: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/1.jpg)
Succession Planning
Live Training 1.0 September 18th 2013, 6:00-7:00 PM EST
Tala & Elli
![Page 2: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/2.jpg)
Hello! :)
![Page 3: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/3.jpg)
![Page 4: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/4.jpg)
You can tell a good leader from observing his successor.
Why?
● Empowered and confident leaders from the very beginning
● Preserving explicit and implicit knowledge● Enable a smooth transition and overlapping planning● Stable quality of your products
Sustainable LC Development
![Page 5: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/5.jpg)
What is it?
Succession planning is a process for identifying and developing internal people with the potential to fill key business leadership positions in the
organization.
Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they
become available.
![Page 6: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/6.jpg)
The Process
Identify the characteristics of your throne (position), before selecting who will sit there.
Evaluate your frog princes (members) who might be capable of fulfilling your role after becoming real princes (candidates for the position)
Empower the prince who deserves your throne the most by allocating him to your throne.
![Page 7: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/7.jpg)
Who is responsible?
Everyone in any leadership position is responsible, however, it’s something that the VP Talent Management and LCP should constantly be tracking and assessing through the pipeline management process.
Pipeline Management & Succession Planning can be improved through:
● Consistent talent reviews
● Hold leaders accountable for developing high potential individuals
● Build a succession culture where leadership development is publicized
● Coaching for performance & providing feedback
● Mentoring for personal development
● One-on-ones and encouragement
● Opportunities for leadership development
● Clear development pathways
● Empowering leaders to take on more responsibility
![Page 8: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/8.jpg)
How to identify potential successors?
Which competencies does my successor need?
Identify the required level of behaviours developed at this stage: Foundation, Knowledgeable, Proficient, Advanced
● Self Awareness ● Personal Effectiveness ● Resilience ● Awareness of others ● Inclusiveness ● Effective Communications ● Developing others ● Stakeholder Focus ● Flexible Thinking ● Innovation ● Commitment to results
![Page 9: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/9.jpg)
Additionally your successor should have the following knowledge:
● Basic knowledge in different functional areas
● Advanced knowledge in a specific functional area
● AIESEC on local level
● AIESEC knowledge (The AIESEC way, history, AIESEC XP)
And the following skills:
● Basic time and self-management
● Basic conflict management
● Basic team management
● Basic delegation skills
![Page 10: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/10.jpg)
Tips & Tricks to improve
Evaluate who has the highest skills, competencies.
Give more tasks, more complex tasks for potential successors
Work with members –involve them into work, give tasks, coach, track!
Track the # of applicants per position and strive to have many options to choose from
![Page 11: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/11.jpg)
![Page 12: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/12.jpg)
![Page 13: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/13.jpg)
Succession Planning - Part II
Functional transition
EB transitionEB elect LEAD
Strategic transition
![Page 14: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/14.jpg)
![Page 15: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/15.jpg)
Transition guidelines
Transition planning framework
![Page 16: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/16.jpg)
Succession Planning - Part II
Overlapping planning
Planning preparation
Planning support
![Page 17: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/17.jpg)
![Page 18: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/18.jpg)
Revised Planning ToolPlanning Chair ProgramEB Planning Education
![Page 19: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/19.jpg)
![Page 20: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/20.jpg)
![Page 21: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/21.jpg)
![Page 22: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/22.jpg)
Succession Planning - The Extra Degree
Keep on being a supporter after your successor’s term started!
★ Find a mentor for them and keep being a mentor yourself
★ Leverage your network★ Become a trainer
But also ...
![Page 23: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/23.jpg)
Thank you!
![Page 24: Succession Planning](https://reader033.fdocuments.in/reader033/viewer/2022061109/5451641eaf7959af2f8b814e/html5/thumbnails/24.jpg)