Sustainable leadership- preparing for your exit
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Business owners and executives need to prepare for their successors. Succession planning done well mitigates operational risk AND increases the value of a business
Transcript of Sustainable leadership- preparing for your exit
Sustainable Leadership
Accelerating the Value of Your Business
Beth Armknecht Miller @SrExecAdvisor
Decreasing Risk
What Are You Doing Today?
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– Responsibilities– Reasons– Priority– Time Required– Transfer/Delegate
Key Components
Barriers to Transition
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– How is each member performing and what is their potential?
– What is the development plan to get each member performing to their potential?
– How cohesive is the team?– Who is at risk to not be on team in future?
Key Questions
-When Can You Step Back?-
Who follows me?
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– Are you Talent Obsessed? by Beth Armknecht Miller
– TOOLS- CEO Roles and Responsibilities- Key Employee Assessment- Workforce Talent Assessment- http://www.executive-velocity.com
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